Housing market trends continue to show improvement in February as housing prices stabilize and foreclosure starts decrease to 2005 levels, according to the March installment of the Obama administration's Housing Scorecard, a monthly report that aggregates various mortgage and housing industry data.

As of January 2014, the Federal Housing Finance Agency purchase-only house price index rose 7.4% compared to 2013, showing that "home values are on par with prices in mid-2005." Meanwhile, the S&P/Case-Shiller Home Price Index for January was up 13.2% year-over-year as home values returned to their mid-2004 levels.

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