Published:
11/25/2014
Attachments:
2014 Q3 HPI
Significant Findings:
- The seasonally adjusted, purchase-only HPI rose in 40 states during the third quarter of 2014. The top five states in annual appreciation: 1) Nevada 2) Hawaii 3) California 4) North Dakota 5) Florida.
- Of the nine census divisions, the West South Central division experienced the strongest increase in the third quarter, posting a 1.8 percent increase and a 5.8 percent increase since last year. House prices were weakest in the Middle Atlantic division, where prices increased 0.1 percent from the prior quarter.
- As measured with purchase-only indexes for the 100 most populated metropolitan areas in the U.S., third quarter price increases were greatest in the San Jose-Sunnyvale-Santa Clara, CA Metropolitan Statistical Area (MSA) where prices increased by 6.6 percent. Prices were weakest in the Greensboro-High Point, NC MSA, where they fell 4.4 percent.
- Eleven of the 20 metropolitan areas with the highest annual appreciation rates were in California.
- The monthly seasonally adjusted purchase-only index for the U.S. showed no change between August and September. The last time prices did not change on a month-over-month basis was in November 2013.