House prices up but “signs of tapering” says FHFA

Home prices gained 6.9% in the first quarter of 2018 compared to a year earlier and were 1.7% higher than in the last quarter of 2017. The FHFA released data Thursday showing a seasonally adjusted annual rate of increase of 0.1% for March, based on mortgage data from Freddie Mac and Fannie Mae.

Source: House prices up but “signs of tapering” says FHFA