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Stock impact report

Affordability Improves for the First Time since 2016, According to First American Real House Price Index

First American Corporation (New) (FAF) 
Last first american corporation (new) earnings: 4/23 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.firstam.com
Company Research Source: Business Wire
—Nationally, affordability improved on a year-over-year basis for the first time since 2016, says Chief Economist Mark Fleming— SANTA ANA, Calif.--(BUSINESS WIRE)-- First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the March 2019 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying power over time at national, state and metropolitan area levels. Because the RHPI adjusts for house-buying power, it also serves as a measure of housing affordability. March 2019 Real House Price Index Real house prices decreased 0.9 percent between February 2019 and March 2019. Real house p Show less Read more
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