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The Federal Housing Finance Agency (FHFA) released its monthly house price index for the U.S. on Tuesday. The U.S. house price index rose 0.5% on a seasonally adjusted basis in January, in line with expectations, after a 0.5% gain in December. December's figure was revised up from a 0.4% rise.
On a yearly basis, U.S. house prices climbed 6.0% in January, after a 5.7% rise in December.
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