US: FHFA Housing Price Index increases 0.4% in November

"U.S. house prices rose in November, up 0.4 percent from the previous month," the Federal Housing Finance Agency (FHFA) reported on Wednesday.

Key takeaways from the press release

• The previously reported 0.3 percent increase in October was revised to reflect a 0.4 percent increase. 
• From November 2017 to November 2018, house prices were up 5.8 percent.