Housing Prices Only Fall at Modest Pace in 4th Quarter of 2009

U.S. house prices fell slightly in the fourth quarter of 2009 according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only house price index (HPI). The HPI, calculated using home sales price information from Fannie Mae and Freddie Mac-acquired mortgages, was lower on a seasonally adjusted basis in the fourth quarter than in the third quarter of 2009. Over the year ending with the fourth quarter of 2009, seasonally adjusted prices fell 1.2 percent. The quarterly report analyzing housing price appreciation trends was released today by FHFA Acting Director Ed DeMarco.

To see the full press release, click on the following link to download it with all of its charts in Adobe PDF format: Download Home Sales Report for 4th Quarter of 2009

Source: Federal Housing Finance Agency