The Federal Housing Finance Agency (FHFA) has reported a 5.6% increase in home prices over the past year, according to Real Estate Investing Today.

According to the latest House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA), home prices witnessed a 0.6% increase in August 2023. The report further states that prices have risen by 5.6% from August 2022 to August 2023. The FHFA HPI is a comprehensive collection of house price indexes that track changes in single-family home values across all 50 states and over 400 American cities since the mid-1970s. For more details, you can access the full report on the FHFA website.

FHFA Says Home Prices Up 5.6% in Year Over Year

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