News Category: Real Estate News

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FHFA: Home Prices Rose in August

Home prices rose 0.7 percent month-over-month in August 2017, according to the Federal Housing Finance Agency's (FHFA) recently released House Price Index (HPI). The HPI year-over-year—based on prices for homes with Fannie Mae- or Freddie Mac-backed mortgages—was up 6.6 percent.

Per the Index, month-over-month home price changes range from -0.1...

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New-Home Sales Shoot Up in September

New-home sales shot up in September, with sales of new, single-family homes up a stratospheric 18.9 percent to 667,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $385,200, while the median was $319,700. New-home listing inventory...

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