|Sent on:||Wednesday, September 12, 2012 10:23 AM|
The FHFA, Federal Housing Finance Agency, reported the quarterly house price index for Quarter 2 of 2012. Here's a link to the full PDF. Here are the highlights: The seasonally adjusted purchase-only HPI rose in the second quarter in 43 states. Of the nine census divisions, the Mountain division experienced the strongest prices in the latest quarter, posting a 4.2 percent price increase. Prices were weakest in the New England division, where prices were flat over the quarter. As measured with purchase-only indexes for the 25 most populated Metropolitan Statistical Areas (MSAs) in the U.S., second-quarter price increases were greatest in the Miami-Miami Beach-Kendall, FL Metropolitan Statistical Area Division (MSAD.) That area saw prices increase by 8.3 percent between the first and second 1 quarters. Prices were weakest in New York-White Plains-Wayne, NY-NJ MSAD, where prices fell 1.5 percent over that period.
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