House Prices Continue To Climb in March

Washington, DC, May 23, 2013 -- Home prices rose 1.3% in March from February, according to the Federal Housing Finance Agency's monthly index.

Prices were up 7.2% over March 2012.

The index, which is at about the same level as November 2004, is calculated by using the prices of houses purchased with mortgages backed Fannie Mae and Freddie Mac.