Federal Housing Finance Agency Monthly Home Prices - November 2012

Includes: IYR
by: Sold At The Top

Today, the Federal Housing Finance Agency (FHFA) released the latest results of its monthly house price index (HPI). The results show that in November, home prices -- nationally -- increased 0.56% from October and rose 5.67% above the level seen in November 2011.

The FHFA monthly HPI are formulated from home purchase information collected from mortgages that have been sold to or guaranteed by Fannie Mae and Freddie Mac.