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Saturday, June 15, 2019
HomeNewsEconomyFHFA House Price Index (HPI) Gains 0.3% in February

FHFA House Price Index (HPI) Gains 0.3% in February

Real estate market with price tags above home properties to illustrate house prices in 3D abstract. (Photo: AdobeStock)
Real estate market with price tags above home properties to illustrate house prices in 3D abstract. (Photo: AdobeStock)
Real estate market with price tags above home properties to illustrate house prices in 3D abstract. (Photo: AdobeStock)

Washington, D.C. – The Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI) was up 0.3% in February and the previously reported 0.6% gain in January 2019 remained unchanged.

From February 2018 to February 2019, house prices were up 4.9%.

PriorConsensusRangeActual
HPI M/M Δ0.6%0.4%0.3% to 0.5%0.3%
HPI Y/Y Δ5.6%4.9%

For the nine census divisions, seasonally adjusted monthly house price changes from January 2019 to February 2019 ranged from -1.2% in the Middle Atlantic division to +1.4% in the East South Central division.

The 12-month changes were all positive, ranging from +3.5% in the West South Central division to +6.5% in the Mountain division.

The FHFA HPI is conducted monthly using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.

Written by
Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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