FHFA Reports Home Prices Rose At Fastest Pace In 30 Months

Despite weaker home sales, tumbling homebuilder confidence, and fading median home prices according to NAR, FHFA reports home prices in America rose 0.8% in September. Doubling expectations of a 0.4% rise, this is the biggest MoM price increase since March 2013's peak.

 

 

Everything is awesome then?

 

Charts: Bloomberg