facebook
twitter
rss
account
search
search
 

Home prices push higher

March 21, 2013 at 11:32 AM   |   Comments

| License Photo
WASHINGTON, March 21 (UPI) -- A U.S. home price index rose 0.6 percent December to January, the Federal Housing Finance Agency said Thursday.

The agency also revised its price gain from the previous month. Prices were up 0.5 percent in November to December, not 0.6 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 4,4 percent below the peak hit in April 2007 and is roughly in line with the price levels from September 2004.

However, national home prices, "have not declined on a monthly basis since January 2012," the agency said.

© 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.
Recommended UPI Stories
Most Popular
1
Russia to take rubles, yuan for oil
2
Snapchat is worth $10 billion now
3
North Dakota gets more gas processing capacity
4
Tanzania positioned as LNG hub, BG Group says
5
Rheinmetall to build vehicle assembly plant in Algeria
Trending News
Video
x
Feedback