FHFA: US house prices increase 0.1% in February

(Source: baha news)
EPA-EFE/ERIK S. LESSER

The seasonally adjusted monthly house price index in the United States rose 0.1% in February compared to the previous month, the Federal Housing Finance Agency (FHFA) revealed in its report on Tuesday. The index increased 3.9% on an annual basis.

Among the nine census divisions, the biggest increase was recorded in the Middle Atlantic division where the price index jumped 7% compared to last year's figure. The lowest increase, on the other hand, was recorded in the Pacific division at 0.9%.

Baha Breaking News (BBN) / MY