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%.
|HPI M/M Δ||0.6%||0.4%||0.3% to 0.5%||0.3%|
|HPI Y/Y Δ||5.6%||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.