A U.S. home price index rose 0.6 percent December to January, the Federal Housing Finance Agency said Thursday.
The agency also revised its price gain from the previous month. Prices were up 0.5 percent in November to December, not 0.6 percent as previously reported for homes with mortgages backed by either the Federal National Mortgage Association or the Federal Home Loan Mortgage Corp., better known as Freddie Mac and Fannie Mae.
The U.S. home price index is 4,4 percent below the peak hit in April 2007 and is roughly in line with the price levels from September 2004.
However, national home prices, "have not declined on a monthly basis since January 2012," the agency said.
Most Popular Stories
- Crimean Referendum Violates International Law: Obama
- Justin Bieber Loses Cool Over Selena Gomez
- Fuentes Makes NAHREP's Top 10 List
- Social Media Can Help a Company's Credit Line
- Hispanic Unemployment Eased in February
- Goya Nutritionist Answers Demand for Healthy Hispanic Dishes
- Juanes Back to Singing About Love
- Boeing Freezes Nonunion Workers' Pensions
- Ukraine Crisis Sets U.S. Stocks Adrift
- Rand Paul Tells Rivals to Peddle Their Own Ideas