US house prices annually rise 4.8% in January
On monthly basis, prices increase 0.2%
By Tuba Ongun
US house prices annually surged 4.8% in January, from a year ago, the Federal Housing Finance Agency (FHFA) said Tuesday.
The figure followed a year-on-year hike of 4.8% in December.
On a monthly basis, house prices rose 0.2% in January, in line with market estimates, and following an upwardly revised 0.5% increase.
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