U.S. Home Prices Increase 0.2% in April 2020

The Federal Housing Finance Agency (FHFA), Home Price Index (HPI) reports that U.S. house prices rose in April, 0.2% from the previous month. Year-over-year, house prices are 5.5% higher, (April 2019 to April 2020). The previously reported 0.1% increase for March 2020, remains unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from March 2020 to April 2020 ranged from -0.5% in the South Atlantic division to +0.8 percent in the West South-Central division. The 12-month changes were all positive, ranging from +5.0 percent in the Middle Atlantic division to +6.8 percent in the Mountain division.