U.S. house prices rose in August, up 0.6 percent from July, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 5.6 percent from August 2022 to August 2023. The previously reported 0.8 percent price increase in July remained unchanged. For the nine census divisions, seasonally adjusted monthly price changes from July 2023 to August 2023 ranged from -0.2 percent in the South Atlantic division to +1.1 percent in the Pacific and East North Central divisions. The 12-month changes ranged from +2.4 percent in the Mountain division to +8.6 percent in ... (full story)