Industry News

Survey: average home purchase price up 4.3% from May to June

Monthly report excludes FHA, VA backed mortgages, balloon loans
Published on Jul 25, 2007

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by CareyBot

The Federal Housing Finance Board reported today that the average home purchase price increased 4.3 percent from May to June, to $309,700. The FHFB’s data, based on a monthly survey of conventional purchase loans made by major lenders, excludes FHA- ...