CORRECT: FHFA: July US Home Prices Up Seasonally Adjusted 0.3%
23 9월 2009 - 3:55PM
Dow Jones News
U.S. home prices rose a seasonally adjusted 0.3% in July, a
government agency reported Tuesday, as some of the country's
worst-hit housing markets showed signs of recovering.
Still, prices, which fell 4.2% for the 12 months that ended in
July, remain 10.5% below their April 2007 peak, the Federal Housing
Finance Agency said. The agency also said it revised the 0.5% price
increase it reported for June downward to a 0.1% price rise.
FHFA's monthly index is calculated using purchase prices for
homes backing mortgages guaranteed by Fannie Mae (FNM) and Freddie
Mac (FRE).
Prices along the West Coast and Alaska and Hawaii climbed 1.6%
in July, the FHFA reported. The Rocky Mountain region, which
includes some of the hardest-hit states of Nevada and Arizona, rose
0.3% during the month. Meanwhile, the Southeast and mid-Atlantic
areas rose 0.6% and 1.0%, respectively.
Those gains were offset by price declines in the Midwest, New
England and parts of the South. The latter region, encompassing
Kentucky, Tennessee, Mississippi and Alabama, saw prices drop 0.9%
in July.
-Jessica Holzer, Dow Jones Newswires; 202-862-9228;
jessica.holzer@dowjones.com