House prices rose 0.8% in April on a seasonally adjusted basis, according to the Federal Housing Finance Agency’s monthly house price index.
The agency downwardly revised its 1.8% increase in March to a 1.6% increase. For the 12 months ending in April, U.S. prices rose 3%.
The index is 17.6% below its April 2007 peak and is roughly the same as the April 2004 index level.
For the nine census divisions, seasonally adjusted monthly price changes from March to April ranged from -1.2% in the New England division to +2.2% in the Pacific division. Click on the image below for a further breakout.
Read More: FHFA: Home prices rise 0.8% in April | HousingWire.
Author Bio:
Travis Saxton is the marketing and technology manager at REAL Trends. Prior to operating this arm for REAL Trends, Travis was the director of online services for a newspaper consulting company. He greatly enjoys working with real estate companies adapt new cutting edge strategies and perfecting their online presence and systems. He has experience in the following areas: Websites, SEO/SEM, CRM/Lead Generation Systems, Traditional Marketing and Social Media Marketing, Real Estate Technology Consulting.
Travis Saxton is the marketing and technology manager at REAL Trends. Prior to operating this arm for REAL Trends, Travis was the director of online services for a newspaper consulting company. He greatly enjoys working with real estate companies adapt new cutting edge strategies and perfecting their online presence and systems. He has experience in the following areas: Websites, SEO/SEM, CRM/Lead Generation Systems, Traditional Marketing and Social Media Marketing, Real Estate Technology Consulting.
