Will Doerner, Supervisory Economist of FHFA’s Division of Research and Statistics, stated, “House price appreciation continues to remain elevated in April,” said Will Doerner, Supervisory Economist of FHFA’s Division of Research and Statistics. “The inventory of homes on the market remains low, which has continued to keep upward pressure on sales prices. Increasing mortgage rates have yet to offset demand enough to deter the strong price gains happening across the country.”

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