NEW YORK, Feb. 26 (UPI) -- U.S. home price indexes closed out 2012 with strong gains, two closely watched housing reports said Tuesday.
The Federal Housing Finance Agency, which reports quarterly on homes backed by the Federal National Mortgage Association or the Federal Home Loan Mortgage Corp., better known as Freddie Mac and Fannie Mae, said home prices rose 1.4 percent in the fourth quarter over the third.