House Prices Continued To Rise Last Quarter

Washington, DC, Feb. 26, 2015 -- House prices rose 1.4% in the fourth quarter of last year, according to the Federal Housing Finance Agency house price index. 

It was the 14th consecutive quarterly price increase in the index which only measures purchases. The seasonally adjusted monthly index for December was up 0.8% from November.

Prices were also up 4.9% from year-ago levels.