Long Beach Living

Housing Appreciation Continues

Did you know…housepriceappreciation

U.S. house price appreciation continued in May 2013, rising 0.7 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). In comparison to levels from a year ago, prices grew even more, rising 7.3 percent from May 2012. The U.S. index is 11.2 percent below its April 2007 peak and is roughly the same as the January 2005 index level.

Courtesy of the California Association of REALTORS®



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