FHFA Home Price Index Records 7.2% YOY Gain in February
Washington, DC, April 24, 2018-The FHFA House Price Index reported a 0.6% increase in U.S. house prices in February from the previous month.
From February 2017 to February 2018, house prices were up 7.2%. For the nine census divisions, seasonally adjusted monthly price changes from January 2018 to February 2018 ranged from 0.1% in the West North Central division to +1.6% in the East South Central division. The 12-month changes were all positive, ranging from +4.8% in the Middle Atlantic division to +10.3% in the Pacific division.