First American Financial Corp., a global provider of title insurance, settlement services and risk solutions for real estate transactions, released the November 2019 First American Real House Price Index (RHPI).
The RHPI measures the price changes of single-family properties throughout the United States adjusted for the impact of income and interest rate changes on consumer house-buying power over time at national, state and metropolitan area levels. Because the RHPI adjusts for house-buying power, it also serves as a measure of housing affordability.
November 2019 Real House Price Index
Real house prices increased 1.2 percent between October 2019 a
