House Prices Rise in October

Washington, DC, Dec. 23, 2014 -- U.S. house prices rose in October, up 0.6% on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency monthly House Price Index.

The previously reported house price change of 0.0% in September remained unchanged.

From October 2013 to October 2014, house prices were up 4.5%. The U.S. index is 5.1% below its April 2007 peak and is roughly the same as the September 2005 index level.