Dec 27, 2018
US: House Price Index up 0.3% in October following September's 0.2% increase
"The FHFA House Price Index (HPI) reported a 0.3 percent increase in U.S. house prices in October from the previous month," the U.S. Federal Housing Finance Agency reported on Thursday.
Key takeaways from the press release
- Seasonally adjusted monthly House Price Index (HPI), the previously reported 0.2 percent increase in September remained unchanged.
- From October 2017 to October 2018, house prices were up 5.7 percent.
- For the nine census divisions, seasonally adjusted monthly price changes from September 2018 to October 2018 ranged from -0.6 percent in the South Atlantic division to +1.4 percent in the Pacific division.