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House Prices Continue to Soar But Growth May Be Moderating

Friday, Apr 02 2021
Lending
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U.S. home prices leapt again to start the year, according to a report by the Federal Housing Finance Agency, but monthly gains seem to be slowing. So reports MarketWatch.

The FHFA’s house price index indicates that prices were up 12% in January nationwide compared with January 2020 and up 1% from December 2020.

Lynn Fisher, the deputy director of the FHFA’s division of research and statistics, said that the month-over-month gain “is relatively still high, but represents the smallest month-over-month gain since June 2020.”

Read the full article from MarketWatch.

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