Case-Shiller: National House Price Index "Declining Trend Continued" to 3.8% year-over-year increase in January

"U.S. house prices rose in January, up 0.2 percent from December, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®)"

Both the Case-Shiller House Price Index (HPI) and the Federal Housing Finance Agency (FHFA) HPI for January were released today. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).

The Case-Shiller Home Price Indices for "January" is a 3-month average of November, December and January closing …