The FHFA monthly index is calculated using purchase prices of houses backing mortgages that have been sold to or guaranteed by Fannie Mae or Freddie Mac. For the nine census divisions, seasonally adjusted monthly price changes from December to January ranged from -1.7 percent in the West South Central division to +4.7 percent in the West North Central division. Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs in the attachment.
      FHFA House Price Index®
  
  
  
  
U.S. Monthly House Price Index Report - January 2012
                  
            Published:
            03/22/2012
          
                
            
          
        
      
    
      
                  Attachment(s):
          
                                              January 2012 HPI Report
                
