Tuesday, May 14, 2024 | The Latest Buzz for the Appraisal Industry

FHFA House Price Index Rose 18.5% from Last Year

House prices have increased nationwide in August, up 1% from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI). House prices rose 18.5% from August 2020 to August 2021. The previously reported 1.4% price change for July 2021 remained unchanged.

For the nine census divisions, seasonally adjusted monthly house price changes from July 2021 to August 2021 ranged from -0.1% in the New England division to +1.9%

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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