FHFA Monthly Home Prices: January 2016

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Includes: ITB, IYR, PKB, XHB
by: Sold At The Top

Tuesday, the Federal Housing Finance Agency (FHFA) released the latest results of its monthly house price index (HPI) showing that in January, nationally, home prices increased 0.54% from December, rising 6.01% above the level seen in January 2015.

The FHFA monthly HPI is formulated from home purchase information collected from mortgages that have been sold to or guaranteed by Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC).

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