FHFA: Home prices continue climb

By Christina Mlynski

• May 23, 2013 • 8:23am

Upward momentum in home prices remained strong in the first quarter of this year due to the Federal Reserve quantitative easing program, which continues to help asset prices rise in the housing market.

As a result, home prices inched upward 1.9% from the previous quarter. This is the seventh consecutive quarterly price rise in the purchase-only, seasonally adjusted index, according to the Federal Housing Finance Agency

 

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