FHFA: May house prices up 0.4 percent from April and 6.9 percent year-on-year

U.S. house prices rose in May, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). From May 2016 to May 2017, house prices were up 6.9 percent.

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