With an 0.3 percent gain month-over-month, August home prices remained on-trend, according to the Federal Housing Finance Agency’s (FHFA) Home Price Index (HPI). On an annual basis, the HPI rose 6.1 percent.
Based on Census division:
Pacific
Alaska, California, Hawaii, Oregon, Washington
Change MoM in Prices: 0.8%
Change YoY in Prices: 7.3%
Mountain
Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming
Change MoM in Prices: 0%
Change YoY in Prices: 8.4%
West North Central
Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota
Change MoM in Prices: 0.1%
Change YoY in Prices: 6%
West South Central
Arkansas, Louisiana, Oklahoma, Texas
Change MoM in Prices: 0.4%
Change YoY in Prices: 4.5%
East North Central
Illinois, Indiana, Michigan, Ohio, Wisconsin
Change MoM in Prices: 0.2%
Change YoY in Prices: 6.1%
East South Central
Alabama, Kentucky, Mississippi, Tennessee
Change MoM in Prices: 0.3%
Change YoY in Prices: 5.6%
New England
Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont
Change MoM in Prices: 0.7%
Change YoY in Prices: 5.2%
Middle Atlantic
New Jersey, New York, Pennsylvania
Change MoM in Prices: -0.7%
Change YoY in Prices: 4%
South Atlantic
Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South California, Virginia, West Virginia
Change MoM in Prices: 0.4%
Change YoY in Prices: 6.8%
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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