New mortgage data shows slight rise in home prices
Home prices increased 0.2 percent since June, according to the latest house price index from the Federal Housing Finance Agency. Home prices rose 3.90 percent above the level seen in July 2011.
Today, the Federal Housing Finance Agency (FHFA) released the latest results of their monthly house price index (HPI) showing that in July, nationally, home prices increased 0.2% since June rising 3.90% above the level seen in July 2011.
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