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The FHFA House Price Index (HPI) reported a 0.6 percent increase in U.S. house prices in February from the previous month. From February 2017 to February 2018, house prices were up 7.2 percent. For the nine census divisions, seasonally adjusted monthly price changes from January 2018 to February 2018 ranged from 0.1 percent in the West North Central division to +1.6 percent in the East South Central division. The 12-month changes were all positive, ranging from +4.8 percent in the Middle Atlantic division to +10.3 percent in the Pacific 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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