FHFA House Price Index Shows Increases for Fourteen Consecutive Quarters

On February 26, the FHFA House Price Index showed that U.S. house prices rose 1.4 percent in the fourth quarter of 2014.  This marked the fourteenth consecutive quarterly price increase in the purchase-only, seasonally adjusted index.  House prices rose 4.9 percent from the fourth quarter of 2013 to fourth quarter of 2014.  Release.