(SOURCE: FHFA)

New numbers from the Federal Housing Finance Agency confirmed the stalled recovery: The FHFA reported that its housing price index remained unchanged in January — 0.8 percent below January 2011 levels.

That said, there are parts of the housing market that are starting to recover faster than others. The Wall Street Journal points out that investment in residential U.S. real estate — which encompasses new home building and renovations — is on the rise.