According to three recently released home-price indexes, home values saw continued gains in July. The Federal Housing Finance Agency’s price index, which includes the price of properties backing mortgages sold to or guaranteed by government-sponsored enterprises, rose 0.8 percent in July, after gaining 0.7 percent in June. Prices are up more than 2.2 percent over the past six months, surpassing the same period a year ago under the federal tax credit, and up 0.1 percent in July, according to the FNC Residential Price Index. Research and analytics company, Radar Logic, also released their monthly housing report which surveys 25 major markets. The average home price, among the surveyed markets, was up 0.9 percent from June.


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Jim Crowder

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