Federal Housing Finance Agency says housing prices are up

A monthly government report on housing prices Tuesday shows prices up, contradicting a private-sector report that says they fell in February. The Federal Housing Finance Agency says U.S. housing prices rose 0.3 percent from January to February, and were up 0.4 percent from a year earlier, the first annual increase in prices since July 2007. FHFA tracks sales of houses with only Fannie Mae or Freddie Mac-backed mortgages. It says prices are still 19.4 percent below the peak in April 2007.

- Washington Business Journal

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s