The national house price index tracked by the U.S. Federal Housing Finance Agency increased 0.6% in June to a reading of 203.4 (1991=100). The increase in June follows a 0.9% increase in May, and brings the year over year gains in the index to 7.7%.

House Price Index

The monthly seasonally adjusted purchase-only index for the U.S. has increased for the last 17 consecutive months.

The FHFA HPI is now roughly the same level as it was in February 2005.

US FHFA House Price INdex June 2013 600x375 FHFA House Price Index Up 7.7% Y/Y In June

Via: floatingpath.com