Thursday, February 18, 2010

FHFA Survey Shows Prices End '09 on Upswing

GSIG LLC

According to the latest government figures, the average price of a house ended 2009 on a positive note, but not much of one.

The Federal Housing Finance Agency reported that the average price of new and used houses sold in the country’s 32 largest metropolitan markets rose 1.3% in December, from $298,200 to $302,100.

While the increase is hardly one get excited over, it was the largest gain recorded in the agency’s quarterly survey in several years.

No comments:

Post a Comment