Federal Housing Finance Authority House Price Index for October 2019 Shows Upward Momentum

The Federal Housing Agency (FHFA) House Price Index (HPI) reported a 0.2% increase in U.S. house prices in October from previous month.  From October 2018 to October 2019, house prices were up 5% For the 9 census divisions, seasonally adjusted monthly price changes from September 2019 to October 2019 ranged from <-0.5%> in the East North Central division to +0.7% in the West, South Central and East South-Central divisions. The 12-month changes were all positive, ranging from +3.5% in the New England division to +6.7% in the Mountain division.