Home prices rise in June
Nationally, home prices increased 0.65 percent in June and 7.48 percent above the level seen in June 2012.
Nationally, home prices increased 0.65 percent in June and 7.48 percent above the level seen in June 2012.
By SoldAtTheTop
Today, the Federal Housing Finance Agency (FHFA) released the latest results of their monthly house price index聽(HPI) showing that in June, nationally, home prices increased 0.65% from May and rose 7.48% above the level seen in June 2012.
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.