FHFA Reports House Prices Increased in First Quarter of 2020
Original Source:
U.S. House Price Index Report - 1Q2020 / March
U.S. House Price Index Report - 1Q2020 / March
According to the Federal Housing Finance Agency (FHFA) House Price Index (HPI), U.S. house prices rose in the first quarter of 2020, up 1.7%. Year-over-year (first quarter of 2019 \first quarter of 2020) house prices rose 5.7%. FHFA’s seasonally adjusted monthly index for March 2020 was up 0.1% from February 2020. House prices have now risen for 35 consecutive quarters, or since September 2011.
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