Federal Housing Finance Agency Print
Home / About FHFA / Reports / U.S. House Price Index Report - 3Q 2014 / September 2014
House Price Index

U.S. House Price Index Report - 3Q 2014 / September 2014

Published: 11/25/2014

Significant Findings:

  • The seasonally adjusted, purchase-only HPI rose in 40 states during the third quarter of 2014.  The top five states in annual appreciation: 1) Nevada 2) Hawaii 3) California 4) North Dakota 5) Florida.
  • Of the nine census divisions, the West South Central division experienced the strongest increase in the third quarter, posting a 1.8 percent increase and a 5.8 percent increase since last year.  House prices were weakest in the Middle Atlantic division, where prices increased 0.1 percent from the prior quarter.
  • As measured with purchase-only indexes for the 100 most populated metropolitan areas in the U.S., third quarter price increases were greatest in the San Jose-Sunnyvale-Santa Clara, CA Metropolitan Statistical Area (MSA) where prices increased by 6.6 percent.  Prices were weakest in the Greensboro-High Point, NC MSA, where they fell 4.4 percent.
  • Eleven of the 20 metropolitan areas with the highest annual appreciation rates were in California.
  • The monthly seasonally adjusted purchase-only index for the U.S. showed no change between August and September.  The last time prices did not change on a month-over-month basis was in November 2013.

Related News Release

© 2021 Federal Housing Finance Agency