Widget Image
Follow PPD Social Media
Sunday, December 15, 2024
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

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.

No comments

leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

People's Pundit Daily
You have %%pigeonMeterAvailable%% free %%pigeonCopyPage%% remaining this month. Get unlimited access and support reader-funded, independent data journalism.

Start a 14-day free trial now. Pay later!

Start Trial