NAR: Home prices are firming

Real Estate News Blog Headline

Federal index shows home prices rising

U.S. home prices rose 0.3 percent in July compared to June, the Federal Housing Finance Agency said Tuesday. The index is 4.2 percent below what it was in 2008 and 10.5 percent off its peak in April 2007. The index excludes most expensive homes from its calculations, so prices appear to have declined less than they have by other measures.

Posted: September 23, 2009

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