Highest Year-Over-Year Increase In Home Prices Since 2005
Two major indicators of home price trends showed a slowing momentum for home prices in December.
Home Price Index Shows Values Rising 3.7% From One Year Ago
Home values have not dropped month-to-month since January of this year — a span of 6 months.
Government : Home Prices Up 3.0% In Last 12 Months Nationwide
According to the Federal Home Finance Agency’s Home Price Index, home prices rose by a seasonally-adjusted 0.7 percent between May and June 2012. The index is now up 3.0% over the past 12 months, and made its biggest quarterly gain since 2005 last quarter.
Home Values Rise 0.8% In May 2012
The housing market’s bottom is 9 months behind us. Home values continue to climb nationwide.
Home Values Start The Year Strong
According to the Federal Home Finance Agency’s Home Price Index, home prices rose a seasonally-adjusted 0.3 percent between January and February 2012.