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Saturday, December 9, 2023
HomeNewsEconomyFHFA House Price Index (HPI) Gained 0.2% for August

FHFA House Price Index (HPI) Gained 0.2% for August


HPI Saw Largest Dip in East South Central, New England Led Gains

The FHFA House Price Index (HPI) reported a 0.2% gain in U.S. house prices in August, an increase that missed the consensus forecast. However, from August 2018 to August 2019, U.S. house prices were up 4.6%.

Forecasts ranged from a low of 0.3% to a high of 0.4%. The consensus forecast was 0.4%.

For the nine census divisions, seasonally adjusted monthly price changes from July 2019 to August 2019 ranged from -0.8% in the East South Central division to a 0.9% gain in the New England division.

The 12-month changes were all positive, ranging from a gain of 3.9% in the Middle Atlantic and Pacific divisions to a 6.5% gain in the Mountain division.

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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