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The FHFA House Price Index (HPI) reported a 0.1 percent increase in U.S. house prices in April from the previous month. From April 2017 to April 2018, house prices were up 6.4 percent. For the nine census divisions, seasonally adjusted monthly price changes from March 2018 to April 2018 ranged from -0.5 percent in the West South Central division to +0.6 percent in the East North Central division. The 12-month changes were all positive, ranging from +4.6 percent in the West South Central division to +8.9 percent in the Mountain division.
Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs in the attachment.
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