Housing Prices: Slowing to Sustainable Growth

NAHB

The National Association of Homebuilders reports that The Federal Housing Finance Agency (FHFA) and the Standard and Poor’s/Case-Shiller recently released their respective home price indices for April.

House prices have been recovering since reaching the bottom of the downturn in 2012. Both the new and existing single-family homes’ median sale prices are presented along with the home price index. All three indicators tell a similar story of rapid acceleration during the housing boom, sharp declines during the bust and steady recovery since 2012.

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