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News Release

FHFA House Price Index Up 0.3 Percent in April 2015

FOR IMMEDIATE RELEASE
6/23/2015

Washington, D.C. – U.S. house prices rose in April, up 0.3 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 0.3 percent change in March remains unchanged.

The FHFA HPI is calculated using home sales price information from mortgages sold to or guaranteed by Fannie Mae and Freddie Mac.  From April 2014 to April 2015, house prices were up 5.3 percent.  The U.S. index is 2.3 percent below its March 2007 peak and is roughly the same as the February 2006 index level. 

For the nine census divisions, seasonally adjusted monthly price changes from March 2015 to April 2015 ranged from -0.8 percent in the East North Central division to +1.4 percent in the West North Central division.  The 12-month changes were all positive, ranging from +2.3 percent in the Middle Atlantic division to +7.5 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 July 22, 2015 and will include monthly data for May 2015.  Future HPI release dates for 2015 are available on the HPI Release Dates page.  

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The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $5.6 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter @FHFA, YouTube and LinkedIn.
Contacts:

Media: Stefanie Johnson (202) 649-3030 / Corinne Russell (202) 649-3032 
Consumers: Consumer Communications or (202) 649-3811

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