Tag Archives: FHFA home prices dip 0.2% in October

Home prices dropped 0.2% in October from the previous month, the Federal Housing Finance Agency said Thursday. The agency’s seasonally adjusted house price index decreased 2.8% from a year ago. The September measure was adjusted lower to a 0.4% increase from an initial 0.9% reading. The home price index, calculated using data from Fannie Mae and Freddie Mac mortgages, rose 0.2% in the third quarter on a seasonally adjusted basis. October prices were 19.2% lower than the April 2007 peak for the index and are at levels comparable to February 2004. Only two regions, as measured by the […]