The Case-Shiller Home Price Index, which is known as the best way to track home prices, showed that home prices went up by 0.6% in January. Compared to last year, home prices increased from 4% to 4.1%.
The Federal Housing Finance Agency (FHFA) also released its House Price Index, which tracks price changes for single-family homes with regular loans. Unlike Case-Shiller, it does not include homes bought with cash or large (jumbo) loans. The FHFA reported that home prices rose by 0.2% in January after seasonal adjustments. Compared to last year, prices are up 4.8%, which is slightly higher than the previous report of 4.7%.
The bottom line: Home prices are still going up, increasing by about 4% each year, which is a healthy rate of growth.
Fuentes:
https://fred.stlouisfed.org/series/CSUSHPINSA
Por: jon iacono