Estimated reading time: 0 minutes, 26 seconds

House Prices Continue to Soar But Growth May Be Moderating

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.

Read 1863 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.