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Metro East REIA

FHFA Says Home Prices Up 0.7% in May

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices rose 0.7% in May. In addition, they report that prices rose 2.8% from May 2022 through May 2023. The FHFA HPI is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s. Continue reading HERE...

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