RISMedia

FHFA Index: October Prices Remain on Rise

By RISMedia Staff

With an 0.3 percent gain month-over-month, October prices remained on the rise, according to the Federal Housing Finance Agency's (FHFA) Home Price Index (HPI). On an annual basis, the HPI rose 5.7 percent. Based on Census division:
 
Pacific
Alaska, California, Hawaii, Oregon, Washington
 
Change MoM in Prices: 1.4%
Change YoY in Prices: 6.7%
 
Mountain
Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming
 
Change MoM in Prices: 0.2%
Change YoY in Prices: 8.5%
 
West North Central
Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota
 
Change MoM in Prices: 1.1%
Change YoY in Prices: 6.2%
 
West South Central
Arkansas, Louisiana, Oklahoma, Texas
 
Change MoM in Prices: 0.1%
Change YoY in Prices: 3.9%
 
East North Central
Illinois, Indiana, Michigan, Ohio, Wisconsin
 
Change MoM in Prices: 0.7%
Change YoY in Prices: 6.6%
 
East South Central
Alabama, Kentucky, Mississippi, Tennessee
 
Change MoM in Prices: 0.6%
Change YoY in Prices: 4.3%
 
New England
Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont
 
Change MoM in Prices: 0.3%
Change YoY in Prices: 4.6%
 
Middle Atlantic
New Jersey, New York, Pennsylvania
 
Change MoM in Prices: -0.2%
Change YoY in Prices: 3.3%
 
South Atlantic
Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South California, Virginia, West Virginia
 
Change MoM in Prices: -0.6%
Change YoY in Prices: 5.8%
 
The HPI is based on data from Fannie Mae and Freddie Mac, and accounts for conforming, conventional mortgages in the single-family space.
 
Source: Federal Housing Finance Agency (FHFA)

 


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