Connect With PPD
Follow Us:
Economy

FHFA House Price Index (HPI) Gained 0.2% in November; 4.9% Year-Over-Year

The Federal Housing Finance Agency (FHFA) House Price Index (HPI) found U.S. house prices gained 0.2 in November, and 4.9% year-over-year. That’s the first time the HPI fell below a 5% annual rate since 2015.

The previously reported 0.2% increase for October 2019 was revised higher by two fold to 0.4%. Forecasts ranged from a low of 0.2% to a high of 0.4%. The consensus was 0.3%.

For the nine census divisions, seasonally adjusted monthly house price changes from October 2019 to November 2019 ranged from -0.1% in the Mountain division to +0.8% in the East North Central division.

The 12-month changes were all positive, ranging from +3.8% in the New England and the West South Central divisions to +6.3% in the Mountain division.

READ FULL STORY

SubscribeSign In
PPD Business Staff

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

Share
Published by
PPD Business Staff

Recent Posts

Media’s Worst Russian Collusion Sins May Soon Be Repeated

The most damning journalistic sin committed by the media during the era of Russia collusion…

1 year ago

Study: Mask-Mandates and Use Not Associated With Lower Covid-19 Case Growth

The first ecological study finds mask mandates were not effective at slowing the spread of…

4 years ago

Barnes and Baris on Big Tech’s Arbitrary Social Media Bans

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…

4 years ago

Barnes and Baris on Why America First Stands With Israel

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…

4 years ago

Personal Income Fell Significantly in February, Consumer Spending Weaker than Expected

Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…

4 years ago

Study: Infection, Vaccination Protects Against Covid-19 Variants

Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…

4 years ago

This website uses cookies.