FHFA Reports House Prices Increased in First Quarter of 2020

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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