Figures for May show pace of gains was flat
The FHFA’s seasonally adjusted home price index shows a 0.2% rise in US national home prices in May, unchanged from an upwardly-revised April reading.
The index, based on information for mortgages sold to or guaranteed by Freddie Mac and Fannie Mae, shows an annual rise of 6.4% from May 2017 to May 2018.
For the nine census divisions, seasonally adjusted monthly price changes from April 2018 to May 2018 ranged from -0.6% in the East North Central division to +1.5% in the East South Central division.
Over 12-months the changes were all positive, ranging from +4.9% in the West South Central division to +9.1% in the Mountain division.
|
|
April 2018 to May 2018 |
May 2017 to May 2018 |
|
US |
+0.2% |
+6.4% |
|
Pacific |
+0.2% |
+7.6% |
|
Mountain |
+0.3% |
+9.1% |
|
West North Central |
+0.2% |
+5.4% |
|
West South Central |
+0.4% |
+4.9% |
|
East North Central |
-0.6% |
+5.8% |
|
East South Central |
+1.5% |
+7.1% |
|
New England |
+0.3% |
+5.7% |
|
Middle Atlantic |
-0.2% |
+5.0% |
|
South Atlantic |
+0.6% |
+7.2% |
