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The FHFA House Price Index (HPI) reported a 0.7 percent increase in U.S. house prices in August from the previous month. From August 2016 to August 2017, house prices were up 6.6 percent. For the nine census divisions, seasonally adjusted monthly price changes from July 2017 to August 2017 ranged from -0.1 percent in the New England division to +1.4 percent in the Pacific division. The 12-month changes were all positive ranging from +5.0 percent in the Middle Atlantic division to +9.3 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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