The FHFA House Price Index (HPI) reported a 0.2 percent increase in U.S. house prices in August from the previous month. From August 2018 to August 2019, house prices were up 4.6 percent. For the nine census divisions, seasonally adjusted monthly price changes from July 2019 to August 2019 ranged from -0.8 percent in the East South Central division to +0.9 percent in the New England division. The 12-month changes were all positive, ranging from +3.9 percent in the Middle Atlantic and Pacific divisions to +6.5 percent in the Mountain division.
Monthly index values and appreciation rate estimates for recent periods are provided in the tables and graphs in the attachment.