U.S. house prices rise 1.6% in second quarter

Eren Sengezer FXStreet

"U.S. house prices rose 1.6 percent in the second quarter of 2017" the Federal Housing Finance Agency said on Tuesday.

House prices rose 6.6 percent from the second quarter of 2016 to the second quarter of 2017.
FHFA's seasonally adjusted monthly index for June was up 0.1 percent from May.
"U.S. house prices rose in most states during the second quarter," said FHFA Senior Economist William Doerner.
Doerner added, "new home sales are climbing but, relative to the overall population, they still remain low from a historical perspective."

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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