Skip to main content

FHFA House Price Index Rises Five Percent From Last Year

Dec 31, 2019
Photo credit: Getty Images/Andrii Yalanskyi

U.S. house prices rose in October, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose five percent from October 2018 to October 2019. The previously reported 0.6 percent increase for September 2019 was revised upward to 0.7 percent.
 
For the nine census divisions, seasonally adjusted monthly house price changes from September 2019 to October 2019 ranged from -0.5 percent in the East North Central division to +0.7 percent in the West South Central and East South Central divisions. The 12-month changes were all positive, ranging from +3.5 percent in the New England division to +6.7 percent in the Mountain division.
 
The FHFA’s house price indexes (HPIs) measures changes in single-family house prices based on data that covers all 50 states and more than 400 American cities and extends back to the mid-1970s. The HPIs are built on tens of millions of home sales and offer insights about house price fluctuations at the national, census division, state, metro area, county, ZIP code, and census tract levels.
U.S. house prices rose in October, up 0.2 percent from the previous month

 
About the author
Published
Dec 31, 2019
The Sale, The Risk & The Trend

The chronicles of Norcom Mortgage

Jul 08, 2024
A Reading From The Book Of Kyle

A Texas coach and former pastor felt a calling, spawning a best-selling how-to for loan officers

Jul 08, 2024
Mortgage Applications Increase Slightly In Latest Survey

Applications increased 0.8% from one week earlier.

Jun 26, 2024
FHFA Approves Freddie Mac's Second Mortgage Pilot

The GSE's limited program will permit cost-effective cash-out refinances

Jun 24, 2024
Former Rocket Mortgage SVP Turned UWM Broker Partner

Zoom Home Lending, headed by former Rocket Mortgage executives, partner with their old wholesale rival, UWM

Jun 20, 2024
Potential For Declining Rates This Summer, Following CPI Report

Norada Real Estate Investments said "rates likely to decline" after the latest CPI report.

Jun 17, 2024