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 0.3% on a seasonally adjusted basis in March, after a 0.6% gain in February. February's figure was revised down from a 0.7% rise.
There were increases in 7 of 9 regions.
On a quarterly basis, the house price index climbed 1.3% in the first quarter.