FHFA House Price Index 3rd Quarter 2019

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On November 26, 2019, The Federal Housing Finance Agency (FHFA) announced that the U.S. house prices higher 1.1% in the 3rd quarter of 2019 from 2nd quarter of 2019, and gained 4.9% from 3rd quarter of 2018 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 1.8% in the 3rd quarter of 2019 from 2nd quarter of 2019, and rose 6.9% from 3rd quarter of 2018, while Middle Atlantic Division had lowest with a gain of 4.0% in the 3rd quarter of 2019, from 3rd quarter of 2018.

State of Idaho had the highest jump of 11.6%, while State of Illinois was the weakest with a gain of 1.9% in the 3rd quarter of 2019, from 2nd quarter of 2019.

Dr. William Doerner, Senior Economist, stated “Relative to a year ago, market indices are still trending upward for the nation as a whole as well as in every census division, state, and the top 100 metro areas. Price gains, though, are continuing to slow their upward pace in a few cities with large housing markets.”

For complete more detailed information about the FHFA’s home price index for 3rd quarter of 2019, please click HERE

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John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainmaker
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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR, CNE, CRS, ePro, PSA, SRS

Thank you for the update. Have a great week and best of luck!

Dec 02, 2019 10:18 AM #1
Rainmaker
3,062,108
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Jeremy K. Frost glad you find the report very helpful. Have a great week and best of luck to you too. Thanks for the comment.

Dec 02, 2019 03:23 PM #2
Rainmaker
619,574
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

 

Dec 03, 2019 01:51 AM #3
Rainmaker
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Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

It is always great to know the latest for our customer's. Thanks for sharing, I hope you have a great afternoon.

Dec 03, 2019 12:45 PM #4
Rainmaker
3,062,108
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Sally Crane glad you find the report very useful. All the best to yoy to list and sell many properties in your area too. Thanks for the comment.

Dec 03, 2019 03:52 PM #5
Rainmaker
3,062,108
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Pat Champion glad you find the report very helpful. I agree it is always good to inform our costumers on latest updates. Have a great afternoon too. Thanks for the comment.

Dec 03, 2019 04:05 PM #6
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Rainmaker
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John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
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