Washington, D.C. – The Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI) indicates U.S. house prices rose 0.2% in July from the previous month. The initially reported 0.2% increase in June was revised upward to 0.3%.
The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.
From July 2017 to July 2018, house prices were up 6.4%.
For the 9 U.S. census divisions, seasonally adjusted monthly price changes from June 2018 to July 2018 ranged from -0.5% in the East South Central division to +1.1% in the South Atlantic division.
The 12-month changes were all positive, ranging from +4.7% in the New England division to +8.7% in the Mountain division.
Monthly index values and appreciation rate estimates for recent periods are provided in the tables and graphs on the following pages. Complete historical downloadable data and HPI release dates for 2018 and 2019 are available on the HPI page.
The next HPI report will be released October 24, 2018 and will include monthly data through August 2018.