TheMReport

MReport_July2015

TheMReport — News and strategies for the evolving mortgage marketplace.

Issue link: http://digital.themreport.com/i/539233

Contents of this Issue

Navigation

Page 56 of 67

Th e M Rep o RT | 55 O r i g i nat i O n s e r v i c i n g a na ly t i c s s e c O n da r y m a r k e t ANALYTICS around the u.s. ANALYTICS Source: Federal Housing Finance Agency's Quarterly House Price Index, Q1 2015 State 1-Year HouSe appreciation (Period ended March 31, 2015) Colorado 11.16 Nevada 10.12 Florida 8.71 Washington 7.58 California 7.50 Texas 6.52 Alaska 6.50 South Carolina 6.46 Michigan 6.40 Oregon 6.36 North Dakota 6.21 Tennessee 6.11 Arizona 6.03 Delaware 5.92 Oklahoma 5.81 Utah 5.76 North Carolina 5.70 Massachusetts 5.37 Wisconsin 5.09 Kentucky 4.79 Nebraska 4.67 Vermont 4.62 Georgia 4.53 Louisiana 4.35 Idaho 4.30 Indiana 4.24 Montana 3.89 Ohio 3.65 Illinois 3.41 New Hampshire 3.38 Minnesota 3.30 Missouri 3.26 New Jersey 3.03 Wyoming 2.97 Rhode Island 2.87 New York 2.85 Pennsylvania 2.72 Kansas 2.70 Iowa 2.40 Virginia 2.17 South Dakota 2.07 Alabama 1.80 Hawaii 1.53 New Mexico 1.46 Arkansas 1.12 Mississippi 1.12 Maine 1.07 Connecticut 0.40 Maryland -0.38 District of Columbia -0.81 West Virginia -3.90 index shows colorado Has Highest Home Price appreciation; West virginia Has lowest H ome values are constantly in- creasing all over the U.S. despite limited household income and modest inflation in the economy, according to a new Federal Housing Finance Agency's 2015 House Price Index that pro- vides information on states with the highest and lowest appreciation home values. The quarterly report found that U.S. house prices rose 4.96 percent from last year and 1.3 percent for the first quarter ending March 31, 2015, the 15th consecutive quarter that saw an increase in the purchase-only, seasonally adjusted index. In addition, the seasonally adjusted monthly index for March was up 0.3 percent from February. Home prices rose in 48 states for the first quarter of 2015, with Colorado leading at 11.16 percent, and West Virginia being one of the few states that saw home values dropping—3.9 percent over the previous year to be exact.

Articles in this issue

Archives of this issue

view archives of TheMReport - MReport_July2015