Aug
24
U.S. Home Prices Rose 5.6% in Second Quarter From Prior Year
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Monthly increases reflect more-modest pace of gains, FHFA says
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Price appreciation cutting into affordability for many buyers
Home prices in the U.S. rose 5.6 percent in the second quarter from a year earlier, extending gains that have cut into affordability for many buyers.
Prices increased 1.2 percent on a seasonally adjusted basis from the previous three months, the Federal Housing Finance Agency said in a report Wednesday. In June, prices climbed 0.2 on a seasonally adjusted basis from May. The average estimate of 21 economists was for a 0.3 percent gain…
U.S. Home Prices Rose 5.6% in Second Quarter From Prior Year
