Thursday, June 23, 2016

FHFA Monthly Home Prices: April 2016

Yesterday, the Federal Housing Finance Agency (FHFA) released the latest results of their monthly house price index (HPI) showing that in March, nationally, home prices increased 0.23% from March rising 5.87% above the level seen in March 2015.

The FHFA monthly HPI are formulated from home purchase information collected from mortgages that have been sold to or guaranteed by Fannie Mae and Freddie Mac.