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The FHFA House Price Index (HPI) reported a 0.4 percent increase in U.S. house prices in November from the previous month. From November 2016 to November 2017, house prices were up 6.5 percent. For the nine census divisions, seasonally adjusted monthly price changes from October 2017 to November 2017 ranged from -1.1 percent in the East South Central division to +0.9 percent in the West North Central division. The 12-month changes were all positive, ranging from +4.2 percent in the Middle Atlantic 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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