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Inman Connect Home prices surged 12.2 percent in February 2021, compared to a year ago, according to the Federal Housing Finance Agency House Price Index released Tuesday. The number is also up 0.9 percent from the previous month. “Annual house price growth achieved a new record high in February,” Dr. Lynn Fisher, FHFA’s Deputy Director of the Division of Research and Statistics, said in a statement. “The 12.2 percent gain represents an increase of $35,000 for a median-priced home that sold a year ago at $290,000 in the Enterprises’ data.” Out of the nine geographical regions in the country, the Mountain region that includes states including Idaho and Nevada saw the highest growth at 15.4 percent while the Middle Atlantic Region, encompassing New York and Pennsylvania, saw only 0.3 percent growth.

New yorkUnited statesFreddie macLynn fisherHousing finance agency house price indexFannie maeDivision of researchMiddle atlantic regionபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஃப்ரெடி மேக்லின் மீனவர்பன்ணிிே மேபிரிவு ஆஃப் ஆராய்ச்சிநடுத்தர அட்லாண்டிக் பகுதி