Home prices rise in August
Home prices increased 0.32 percent from July and rose 8.24 percent above the level seen in August 2012, according the FHFA's monthly home price index.
Yesterday, the Federal Housing Finance Agency (FHFA) released the latest results of their monthly house price index (HPI) showing that in August, nationally, home prices increased 0.32% from July and rose 8.24% above the level seen in August 2012.Skip to next paragraph
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'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.
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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.
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