The 12.2% gain represents an increase of $35K for a median-priced home that sold a year ago at $290K, according to data released Tuesday by the Federal Housing Finance Agency
During the fourth quarter of 2020, U.S. home prices surged 10.8% on an annual basis and 3.8% on a quarterly basis, marking growth records for both metrics
Prices increased 1.5% from July to August according to Federal Housing Finance Agency data, the largest increase since 1991
Home prices were up 5.5% year over year in April, according to FHFA's home price index
The cost of an average home rose 0.3% in January and 5.2% year over year
US home prices rose 1.3% month over month and 5.1% year over year in December, according to the latest data released Tuesday
August sees 6 percent drop in mortgage applications for newly built properties
Trade group survey sees increase of just 1 percent in June after decreasing 9 percent in May