Aug
22
Home Prices in U.S. Rose 6.6% in the Second Quarter, FHFA Says
ByHome prices in the U.S. increased 6.6 percent in the second quarter from a year earlier as buyers competed for a shrinking supply of listings.
Prices rose 1.6 percent on a seasonally adjusted basis from the previous three months, the Federal Housing Finance Agency said in a statement Tuesday. In June, prices climbed 0.1 percent from May, less than the 0.5 percent average estimate of 12 economists…
Home Prices in U.S. Rose 6.6% in the Second Quarter, FHFA Says