- U.S. home prices leapt in February by the most in nearly two years, federal housing authorities reported on Tuesday, reflecting the effects that lean home supply continue to have on the nation's housing market .
"U.S. house prices rebounded with an increase in February, after declining slightly in January," said Anju Vajja, deputy director for FHFA's division of research and statistics. "All nine census divisions experienced price appreciation over the last 12 months, with New England and Middle Atlantic divisions posting double-digit growth."
The price surge in February is unlikely to be welcome news at the Fed, which has found its rapid progress in taming inflation last year has stalled out so far in 2024. Home prices don't factor directly into the inflation measures the U.S. central bank tracks, but the changes do ultimately contribute in part to measures of imputed rents that are included in inflation indexes and have remained stubbornly high.
A job applicant refused to complete an aptitude test because it "seemed like a lot of work." It cost them the job, but now the employer who admitted he was put off has come under fire.The visitor from Idaho was charged with being under the influence of alcohol, disorderly conduct, and approaching and disturbing wildlife.
Housing Authorities Housing Market House Prices Anju Vajja
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