Market Update: Dec. 22, 2015

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Here are the main points from an informative Inman article on the current state of the real estate market.

Federal Housing Finance Agency’s October 2015 House Price Index

Home prices rose 0.5 percent month-over-month on a seasonally adjusted basis. This is 0.2 percent lower than September’s revised 0.7 percent increase. Year over year, house prices were up 6.1 percent.

December National Housing Reports

November home sells fell by 1.4 percent year-over-year. Month-over-month, November sales fell by 22.6 percent. The median sales price was up year-over-year by 4.1 percent.

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