On February 23, 2021, The Federal Housing Finance Agency (FHFA) announced that the U.S. house prices higher 3.8% in the 4th quarter of 2020 from 3rd quarter of 2020, and rose 10.8% from 4th quarter of 2019 based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.
Nationwide, among nine census Mountain Division was highest with an increase of 4.6% in the 4th quarter of 2020 from 3rd quarter of 2020, and jumped 13.3% from 4th quarter of 2019, while West South Central Division had lowest gain of 8.6% in the 4th quarter of 2020, from 4th quarter of 2019.
State of Idaho had the highest jump of 21.1%, while District of Columbia was the weakest with a gain of 1.5% in the 4th quarter of 2020, from 3rd quarter of 2020.
For complete more detailed information about the FHFA’s home price index for 4th quarter of 2020, please click HERE
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