House Prices Continue To Rise in August

Washington, DC, Oct. 23, 2013 -- U.S. house price appreciation continued in August, with prices rising 0.3% on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency.

The August index change marks the 19th consecutive monthly price increase in the purchase-only, seasonally adjusted index.

The previously reported 1.0% increase in July was revised downward to a 0.8% increase.

From August 2012 to August 2013, house prices were up 8.5%. The U.S. index is 9.4% below its April 2007 peak and is roughly the same as the April 2005 index level.

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