Federal Housing Finance Agency Print
Home / Media / FHFA House Price Index Up 0.5 Percent in November
News Release

FHFA House Price Index Up 0.5 Percent in November

FOR IMMEDIATE RELEASE
1/25/2017

Washington, DC – U.S. house prices rose in November, up 0.5 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI).  The previously reported 0.4 percent increase in October was revised downward to a 0.3 percent increase. 

The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.  From November 2015 to November 2016, house prices were up 6.1 percent

For the nine census divisions, seasonally adjusted monthly price changes from October 2016 to November 2016 ranged from -0.2 percent in the South Atlantic division to +1.5 percent in the Pacific division.  The 12-month changes were all positive, ranging from +4.7 percent in the Middle Atlantic division to +7.7 percent in the Pacific division.

Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs on the following pages.  Complete historical downloadable data and HPI release dates for 2017 are available on the HPI page.

For detailed information on the HPI, see HPI Frequently Asked Questions (FAQ).  The next HPI report will be released February 23, 2017 and will include quarterly data for the fourth quarter of 2016 and monthly data through December 2016. 

Attachments:

###

The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $5.8 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter @FHFA, YouTube and LinkedIn.
Contacts:

Media: Corinne Russell (202) 649-3032 / Stefanie Johnson (202) 649-3030
Consumers: Consumer Communications or (202) 649-3811

© 2019 Federal Housing Finance Agency