May Home Prices Rose 18% Year Over Year, FHFA Reports

·3 min read

It's been a real struggle for many home buyers to find properties to purchase, and the reason largely boils down to low inventory and inflated prices. New data from the Federal Housing Finance Agency (FHFA) shows just how inflated property values are. In May, home prices rose 1.7% from April's level, according to the FHFA House Price Index.

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