Home prices rose slightly in August

Sept. 22, 2011 at 12:07 PM

WASHINGTON, Sept. 22 (UPI) -- U.S. home prices rose 0.8 percent in July, the Federal Housing Finance Agency said Thursday.

The agency's House Price Index tracks prices for homes with mortgages backed by either the Federal National Mortgage Association or the Federal Home Loan Mortgage Corp.

Data shows the index is 3.3 percent below July 2010 and 18.4 percent below the index peak in April 2007.

Of the nine regional divisions tracked, prices rose furthest in the West North Central Division, rising 3.6 percent, the report said. Prices dropped farthest in the South Atlantic Division, where prices fell 0.4 percent.

Related UPI Stories
Latest Headlines
Trending Stories
Rapper DMX found unconscious, revived by New York police
Alaska woman claims McDonald's Happy Meal hasn't aged in six years
N.H. primary polls open: Kasich, Sanders get early leads
5 Reasons why Denver Broncos won't be repeat champions
Exposure to flashing light may prevent jet lag