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OFHEO House Price Index -- 1Q '08

The House Price Index is produced quarterly by the Office of Federal Housing Enterprise Oversight.

House Price Appreciation by State (Ranked on change over previous 12 months, as of March 31, 2008)
Rank	State	1 Year	1 Quarter	5 Years	Since 1980
1	Wyoming	6.34	0.33	62.64	189.12
2	Utah	5.58	-0.20	53.02	291.48
3	Montana	4.91	0.12	60.32	294.04
4	Texas	4.69	0.71	25.43	130.58
5	Alabama	4.46	0.81	32.55	197.26
6	North Dakota	4.21	-0.48	39.17	160.09
7	South Dakota	4.21	0.64	31.99	198.06
8	North Carolina	4.03	0.84	31.89	246.37
9	Oklahoma	4.00	0.27	26.34	110.48
10	Tennessee	3.90	0.82	31.15	213.99
11	South Carolina	3.82	0.92	33.87	227.79
12	New Mexico	3.38	-0.12	53.77	243.71
13	Louisiana	3.30	0.20	38.40	154.11
14	Mississippi	3.06	0.53	31.77	166.90
15	Washington	2.92	-0.38	64.42	410.58
16	Kentucky	2.81	0.62	22.76	195.86
17	Iowa	2.80	0.48	21.51	155.85
18	Kansas	2.70	0.69	21.18	150.26
19	Idaho	2.55	-0.04	60.40	255.74
20	West Virginia	2.47	0.83	33.62	135.83
21	Pennsylvania	2.40	0.70	46.88	316.87
22	Maine	2.32	0.80	44.39	422.82
23	Colorado	2.29	1.00	18.22	273.66
24	Indiana	2.24	1.31	15.09	163.87
25	Georgia	2.23	0.43	24.29	239.85
26	Oregon	2.20	-0.44	64.60	369.50
27	Arkansas	2.11	-0.45	29.66	162.61
28	Nebraska	2.01	0.85	18.23	161.41
29	Wisconsin	1.80	0.38	30.24	235.54
30	Vermont	1.77	0.96	55.41	377.13
31	Missouri	1.66	0.09	26.52	207.04
32	Alaska	1.34	-0.31	49.07	183.87
33	Delaware	1.02	-0.69	55.64	413.17
34	Illinois	0.66	-0.33	33.86	283.28
35	Ohio	0.64	0.97	11.65	172.18
36	New York	0.22	0.00	47.77	567.31
	United States*	-0.03	-0.23	38.88	287.54
37	Virginia	-0.06	-0.23	62.97	371.42
38	Hawaii	-0.30	-0.92	88.65	441.91
39	Connecticut	-0.46	0.16	41.27	376.15
40	New Hampshire	-0.87	-0.05	32.06	397.94
41	Minnesota	-1.01	0.55	27.37	266.43
42	New Jersey	-1.15	-0.50	53.10	473.21
43	Maryland	-1.29	-1.25	73.88	432.48
44	District of Columbia	-1.51	-1.78	79.41	551.98
45	Massachusetts	-1.79	-0.04	25.07	604.42
46	Rhode Island	-3.04	-0.44	45.92	481.15
47	Michigan	-3.06	0.60	5.22	206.87
48	Arizona	-5.50	-2.78	72.41	307.11
49	Florida	-8.15	-3.27	67.37	345.04
50	Nevada	-10.30	-4.99	63.28	267.45
51	California	-10.58	-4.43	56.29	469.06
*Based on weighted division average. Source: Office of Federal Housing Enterprise Oversight