FHFA House Price Index Up 0.4 Percent in February

U.S. house prices rose in February, up 0.4 percent on a seasonally adjusted basis from the previous month.  From February 2015 to February 2016, house prices were up 5.6 percent.  For the nine census divisions, seasonally adjusted monthly price changes from January 2016 to February 2016 ranged from -0.7 percent in the South Atlantic division to +1.7 percent in the Middle Atlantic division. The 12-month changes were all positive, ranging from +2.5 percent in the New England division to +8.4 percent in the Pacific division.

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