FHFA: House Price Index Up 0.4 Percent in April 2019; Up 5.2 Percent from Last Year

U.S. house prices rose in April, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI).  The previously reported 0.1 percent increase for March 2019 remained unchanged.  

The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.  From April 2018 to April 2019, house prices were up 5.2 percent.  

For the nine census divisions, seasonally adjusted monthly house price changes from March 2019 to April 2019 ranged from -0.6 percentin the West North Central division to +1.2 percent in the Mountain division.  The 12-month changes were all positive, ranging from +4.0 percent in the Middle Atlantic division to +7.8 percent in the Mountain division.

Monthly index values and appreciation rate estimates for recent periods are provided in the tables and graphs on the following pages.  Downloadable data and HPI release dates for the remainder of 2019 are available on the HPI page

For detailed information on the FHFA HPI, see HPI Frequently Asked Questions (FAQ).  The next HPI report will be released July 23, 2019 and will include monthly data through May 2019.  

Attachment: House Price Index Report April 2019

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