FHFA House Price Index Up 4.6% from Last Year

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According to the latest Federal Housing Finance Agency (FHFA) House Price Index (HPI), U.S. house prices rose 0.2% in August but were up 4.6% year-over-year.  The FHFA produces the nation’s only public, freely available house price indexes (HPIs) that measure changes in single-family house prices based on data that cover all 50 states and over 400 American cities and extend back to the mid-1970s.  FHFA HPIs are built on tens of millions of home sales and offer insights about home price fluctuations at the levels of the nation, census division, state, metro area, county, ZIP code, and census tract.

Click here to read the full release at FHFA.gov.

 

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Director of Education & Outreach, National Real Estate Investors Association