UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

U.S. home prices index rose in November

|
 
 
License photo
Published: Jan. 23, 2013 at 12:40 PM

WASHINGTON, Jan. 23 (UPI) -- A U.S. home price index rose 0.6 percent October to November, the Federal Housing Finance Agency said Wednesday.

The agency also revised its price gain from the previous month. Prices were up 0.6 percent in October, not 0.5 percent as previously reported for homes with mortgages backed by either the Federal National Mortgage Association or the Federal Home Loan Mortgage Corp., better known as Freddie Mac and Fannie Mae.

The U.S. home price index is at 15, 2 points below the peak hit in April 2007. From November 2011, however, prices rose 5.6 percent, the agency said.

Home prices have held even or risen each month since January 2011, FHFA said.

Topics: Fannie Mae, Federal National Mortgage Association, Freddie Mac
Recommended Stories
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
Immigration rally in Washington, D.C. MTV Movie Awards Cherry Blossoms in Washington, D.C.
Miss NY USA crowns ASPCA King and Queen Academy of American Country Music Awards 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 19
Arias Is Found Guilty of Murder in Arizona
View Caption
Jodi Arias (R) reacts as she hears the verdict of guilty of first degree murder after a four month trial in Phoenix, Arizona, May 8, 2013. Arias was convicted of murdering her lover Travis Alexander in Tempe, Arizona in June of 2008. UPI// Rob Schumacher/Arizona Republic/Pool
fark
ಌ Maybe everything isn't hopeless bullshiat ಌ
Zuckerberg's attempts to make us all bow to the Facebook Mobile Phone Overlords are met with a resounding,...
It's confirmed, the TCNJ student that last month left her purse for identification on the George...
Fark Food Thread: How do you make the most of seasonal fruit? Is there a recipe you wait all year...
US government shuts down access to files for 3D printed gun. At least, that's what they think they've...
When you're walking from your trailer park to Radio Shack, make sure no locomotives sneak up behind...