The FHFA House Price Index (HPI) reported a 0.6 percent increase in U.S. house prices in October from the previous month. From October 2013 to October 2014, house prices were up 4.5 percent. For the nine census divisions, seasonally adjusted monthly price changes from September 2014 to October 2014 ranged from -0.3 percent in the Pacific division to +1.5 percent in the South Atlantic division. The 12-month changes were all positive ranging from +0.8 percent in the Middle Atlantic division to +6.0 percent in the Pacific division.
Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs in the attachment.