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FHFA Notes Less Aggressive Home Price Gains

Tuesday, May 26, 2015

The numbers on home price trends for March from the Federal Housing Finance Agency (FHFA) were somewhat less aggressive that those also released on Tuesday from S&P Dow-Jones Case-Shiller indices.  While it is like comparing apples to eggplants it is still interesting to see the variations.  FHFA's seasonally adjusted monthly Home Price Index (HPI) for March posted an 0.3 percent gain over February, much weaker than the 0.8 percent increases for the Case-Shiller National Index and 10-City Composite and 0.9 percent for its 20-City Composite.  The FHFA number was also below analyst expectations of 0.7 percent.

 

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