House Price Index - May 2017

U.S. house prices rose in May according to the FHFA seasonally adjusted monthly House Price Index (HPI).  From May 2016 to May 2017, house prices were up 6.9 percent. 

For the nine census divisions, seasonally adjusted monthly price changes from April 2017 to May 2017 ranged from -0.5 percent in the Middle Atlantic division to +1.0 percent in the West South Central division.  The 12-month changes were all positive, ranging from +4.0 percent in the Middle Atlantic division to +8.7 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.
Related News Release