Existing Home Sales Rose 6.5% in July; Current Supply at 5.1-Month Rate

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Go back to Existing Home Sales Rose 6.5% in July; Current Supply at 5.1-Month Rate

FHFA Reports Stronger Housing Price Increase in June, May Draw More Sellers to Market

August 22, 2013 10:29 AM EDT

Homebuilders are on the move again today following new data from the Federal Housing Finance Agency (FHFA) on U.S. home prices today.

According to the agency, housing prices rose 0.7 sequentially and are up 7.7 year-to-date in June. The month-over-month increase outpaced expectations calling for just a 0.6 percent... More