FHFA House Price Index
The FHFA (Federal Housing Finance Agency) released their House Price Index, which measures home price appreciation on single-family homes with conforming loan amounts. Home prices rose 1.1% in October and are up 17.4% year over year, which is down from 18.5% in the previous report. Remember, home prices still rose 1.1% in October, but on a comparative basis, the year over year figure is declining.