Alaska

U.S. Home Prices Gain 0.7% in February 

U.S. home prices rose a seasonally-adjusted 0.7% from January to February, the Federal Housing Finance Agency (FHFA) announced Wednesday in its monthly House Price Index. February’s rate of increase slowed slightly from January’s downwardly revised 1% increase. For the 12 months ending in February, U.S. home prices fell 6.5%, plunging the U.S. index 9.5% below its April 2007 peak.