FHFA House Price Index up 1.6% in Q2

Year-over-year, the gain is 6.6%


U.S. house prices rose 1.6% in the second quarter of 2017 from the prior quarter, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI) released Tuesday House prices rose 6.6% from the second quarter of 2016 to the second quarter of 2017. FHFA’s seasonally adjusted monthly index for June was up 0.1% from May.

The HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.


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