Tuesday, April 5, 2016

Federal Housing Finance Agency House Price Index Up 0.5% in January

From the Federal Housing Finance Agency:

U.S. house prices rose in January, up 0.5 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency monthly House Price Index. The previously reported 0.4 percent increase in December was revised upward to reflect a 0.5 percent increase.

The Federal Housing Finance Agency monthly House Price Index is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. From January 2015 to January 2016, house prices were up 6.0 percent.

For the nine census divisions, seasonally adjusted monthly price changes from December 2015 to January 2016 ranged from -1.0 percent in the Middle Atlantic division to +1.7 percent in the South Atlantic division. The 12-month changes were all positive, ranging from +1.7 percent in the Middle Atlantic division to +8.9 percent in the South Atlantic division.

Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs on the following pages. Complete historical data are available on the Downloadable House Price Index Data page.

For detailed information on the monthly House Price Index, see House Price Index Frequently Asked Questions. The next House Price Index report will be released April 21, 2016 and will include monthly data through February 2016.

Federal Housing Finance Agency has published House Price Index release dates for 2016, which can be found on the House Price Index Release dates page.

No comments:

Post a Comment