On September 27, 2022, The Federal Housing Finance Agency (FHFA) announced that the U.S. house price declined 0.6% in July of 2022 from June of 2022, but jumped 13.9% from July of 2021, based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.
Nationwide, among nine census East North Central Division was highest with an increase of 0.1%, and West North Central Division had lowest with a loss of 1.6% in July of 2022 from June of 2021; while South Atlantic Division had the highest with gain of 18.9%, and Pacific Division was lowest with an increase of 10.0% in July of 2022, from July of 2021.
For complete more detailed information about the FHFA’s home price index for July of 2022, please click HERE
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