MGIC Investment Corp. (MTG): NEW HOMES SALES SURGE TO 14 YEAR HIGH...

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tommiegun54

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Thursday, 09/24/2020 10:19:29 AM

Thursday, September 24, 2020 10:19:29 AM

NEW HOMES SALES SURGE TO 14 YEAR HIGH

https://www.marketwatch.com/story/new-home-sales-surge-in-august-to-levels-not-seen-in-14-years-2020-09-24?mod=bnbh

××HOMES PRICES GAIN MOST EVER IN HISTORY××

Mortgage News Daily
BY: JANN SWANSON

FHFA Says 2-Month House Price Gain was Largest Ever

Sep 23 2020, 9:49AM
Home prices rose another 1.0 percent in July, bringing the year-over-year gain to 6.5 percent according to the House Price Index (HPI) produced by the Federal Housing Finance Agency (FHFA). The agency also revised its previously reported 0.9 percent price change for June 2020 to 1.0 percent.

All nine of the census divisions posted both month-over-month and annual price gains. Monthly changes ranged from an 0.6 percent increase in the West North Central division to 2.0 percent in New England. The 12-month changes were lowest in the West South Central division at 5.4 percent and the Mountain and the East South Central divisions tied for first place with increases of 7.7 percent.