Published:
07/22/2014
Attachments:
May 2014 HPI Report
The FHFA House Price Index (HPI) reported a 0.4 percent increase in U.S. house prices in May from the previous month. From May 2013 to May 2014, house prices were up 5.5 percent. For the nine census divisions, seasonally adjusted monthly price changes from April 2014 to May 2014 ranged from -0.7 percent in the East South Central division to +1.1 percent in the West South Central division. The 12-month changes were all positive ranging from +2.5 percent in the Middle Atlantic division to +9.6 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.