Monthly home price up .3% | Pound Ridge Real Estate
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.3 percent month-over-month in December 2017, following an upwardly revised 0.5 percent gain in November and missing market expectations of 0.4 percent. Year-on-year, house prices went up 6.5 percent, the same pace as in the previous month. Housing Index in the United States averaged 0.29 percent from 1991 until 2017, reaching an all time high of 1.20 percent in January of 2000 and a record low of -1.80 percent in November of 2008.
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Robert Paul
Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.