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In January, U.S. house prices rose a mere 0.3 percent on a seasonally adjusted basis from the previous month. The previously reported 0.8 percent change in December was revised downward to a 0.7 percent change. The FHFA HPI is calculated using home sales price information from mortgages sold to or guaranteed by Fannie Mae and Freddie Mac.
Read More »FHFA Reports 5.1 Percent Year-Over-Year Home Price Increase
