Gavekal Capital: US House Prices Rise In February

Wednesday, April 2, 2014

US House Prices Rise In February

The latest data out for US house prices show an increase in February according to CoreLogic. Both including and excluding distressed sales, house prices rose in February after stagnating in the latter half of 2013.  Meanwhile, mortgage applications for both purchasing and refinancing remain at depressed levels. Mortgage rates, however, have remained between 4.50% - 4.90% since last May

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