Home / Market Update / US Housing Price Index Up 0.1% in July

US Housing Price Index Up 0.1% in July

The Housing Price Index (HPI) in the US rose 1% in July, the Federal Housing Finance Agency’s (FHFA) monthly report showed on Wednesday. This reading matched June’s reading (revised from 0.9%) and came in higher than the market expectation of 0.5%.

Earlier in the day, the Mortgage Bankers Association (MBA) reported that Mortgage Applications increased by 6.8% in the week ending September 18th.

Check Also

Oil Prices Fall Amid Trade Concerns and Potential Diplomatic Talks

Oil prices fell on Friday, heading for their steepest weekly losses since late June, as …