The Federal Housing Finance Agency has published their housing price index as shown below. This is thru July 2009 and shows not only a flattening but some improvement over the past few months. The index is from Feb 2008 thru July 2009.
Now looking at the index on a regional basis we see a significant increase in the Pacific and Mountain index, it was very depressed a year ago, and we see improvement in all other indices except for the central regions.
It is expected that over the next year as the foreclosures work thru the system that the prices will continue to reflect growth in the indices.
Now looking at the index on a regional basis we see a significant increase in the Pacific and Mountain index, it was very depressed a year ago, and we see improvement in all other indices except for the central regions.
It is expected that over the next year as the foreclosures work thru the system that the prices will continue to reflect growth in the indices.
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