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U.S. Home Prices Rise for the 12th Consecutive Quarter

U.S. Home Prices Rise for the 12th Consecutive Quarter

U.S. home prices rise for the 12th consecutive quarter. Find the best immigration news on the official website of Visas Consulting Group.

WorldWay Immigration5420 reads

According to a comprehensive report from Visas Consulting Group: On August 26, the U.S. Federal Housing Finance Agency (FHFA) released its house price index, which showed that, after seasonal adjustment, U.S. home prices rose by 0.8% quarter-over-quarter in the second quarter of this year. This marks the 12th consecutive quarter of growth, though it is lower than the 1.3% increase seen in the first quarter, indicating a slowdown in the recovery of the U.S. housing market.

 

Andrew Leventis, Principal Economist at the Federal Housing Finance Agency, stated that the rapid home price growth seen in the spring of previous years was not as evident in the second quarter of this year, though U.S. home prices overall have maintained a growth trend.

 

Edited by Visas Consulting Group

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