Federal Housing Finance Agency Print
Home / Media / FHFA House Price Index Up 0.6 Percent in October
News Release

FHFA House Price Index Up 0.6 Percent in October

FOR IMMEDIATE RELEASE
12/23/2014

Washington, D.C. – U.S. house prices rose in October, up 0.6 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The previously reported house price change of 0.0 percent in September remained unchanged.

The FHFA HPI is calculated using home sales price information from mortgages sold to or guaranteed by Fannie Mae and Freddie Mac. From October 2013 to October 2014, house prices were up 4.5 percent. The U.S. index is 5.1 percent below its April 2007 peak and is roughly the same as the September 2005 index level.

For the nine census divisions, seasonally adjusted monthly price changes from September 2014 to October 2014 ranged from -0.3 percent in the Pacific division to +1.5 percent in the South Atlantic division. The 12-month changes were all positive, ranging from +0.8 percent in the Middle Atlantic division to +6.0 percent in the Pacific division.

Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs on the following pages. Complete historical data are available on the Downloadable HPI Data page.

For detailed information on the monthly HPI, see HPI Frequently Asked Questions (FAQ). The next HPI report will be released January 22, 2015 and will include monthly data for November 2014. Future HPI release dates for 2015 are available on the HPI Release Dates page.

Link to Report

Attachments:

###

Contacts:

​Stefanie​ Johnson (202) 649-3030 / Corinne Russell (202) 649-303​​2

© 2016 Federal Housing Finance Agency