FHFA House Price Index

Julie C. Nichols Mortgage

Reblogged from MBS Highway: https://www.mbshighway.com/gallery/FHFA-8-27-2019-png

 

The FHFA (Federal Housing Finance Agency) released their House Price Index, which measures home price appreciation on single-family homes with conforming loan amounts.  Today’s report showed that home prices rose 0.2% in June and 4.8% year over year.  This was a slight decline from the previous report, which was reported at 5.2%.  Remember that this appreciation report is for June, which is before the recent move lower we have seen in rates, so this figure may start to improve.

 

https://www.mbshighway.com/images/SocialShare/FHFA-8-27-2019.png

 

 

 

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