Pittsburgh Homes Daily

Today, the Office of Federal Housing Enterprise Oversight released data (pdf file) concerning home price appreciation based on its home price index.  For the first quarter, Pittsburgh home prices increased 1.86%.  Pittsburgh ranked 196th out of 275 metropolitan areas.  Pennsylvania as a state ranked 20th in the nation for one year price appreciation with an average 12.45% increase.  Pittsburgh’s one year price appreciation was 5.5%.