According to the Federal Home Finance Agency’s Home Price Index, home prices rose a seasonally-adjusted 0.3 percent between January and February 2012.
Recent data suggests that the U.S. housing market is in recovery, albeit an uneven one.
Standard & Poors released its December 2011 Case-Shiller Index this week.
According to the Case-Shiller Index, home values fell in 19 of 20 tracked markets in November 2011.
The government confirms what the private-sector Case-Shiller Index reported yesterday. Nationwide, average home values slipped in October.
Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.
Since bottoming out in March of this year, the Case-Shiller Index is up nearly 4 percent.
The most recent Case-Shiller Index shows a 0.9% rise in home values from June to July 2011. Home values were higher in 17 of the 20 tracked cities.
Mortgage Questions?
Follow Us On Twitter
- Existing Home Sales Climb 3.4 Percent In April http://t.co/0f4pUzQB
- Home Affordability Reaches New High In Q1 2012 http://t.co/bB0EhV1c
- Whatâs Ahead For Mortgage Rates This Week : May 21, 2012 http://t.co/dKAkp4Ws
- Is More Fed-Led Stimulus On Its Way? http://t.co/ryrOVWWj
- Single-Family Housing Starts Powers Ahead http://t.co/1b1pgrgO
Mortgage Calculator
$ % yrs % $ Mortgage Disclosures
This is not an offer to lend. All approvals are considered based on current guidelines.
⇒ Read Full Disclosure
Guaranteed Rate 3940 N. Ravenswood Ave. Chicago, IL 60613 800.921.2430