facebook
twitter
search
search

Home prices push higher

March 21, 2013 at 11:32 AM
| 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.

Related UPI Stories
Latest Headlines
Top Stories
Crude oil prices extend losses
Turkish oil pipeline from Iraq bombed
Chevron aims at cost reductions of $1 billion
Texas oil production up year-on-year
Greenpeace again stands in Shell's way to arctic