House Prices Report Annual Gains, Expected to Rise in the Future

The recent release by the Federal Housing Finance Agency (FHFA) shows that its measure of house prices, House Price Index - Purchase Only, rose by 5.1 percent on a 12-month seasonally adjusted basis in January 2015. This marks the 36th consecutive month of year-over-year growth. Over this nearly three-year period, hose prices have risen by 20.1%.

For more on this report, including additional information from Standard & Poors, follow the link to read the full article here.