The most recent Federal Housing Finance Agency’s House Price Index (HPI) report shows a 6.3% increase in home prices between January 2023 and January 2024. Additionally, the seasonally adjusted monthly index for January rose by 0.1% from December. The FHFA HPI is a comprehensive collection of house price indexes that track changes in single-family home values nationwide, using data from all 50 states and over 400 cities dating back to the mid-1970s.
For more details, you can read the full report on the FHFA website here.
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