The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.4 percent from a month earlier in March 2021, the most since last October and following an upwardly revised 1.1 percent growth in February. For the nine census divisions, seasonally adjusted monthly house price changes ranged from +0.8 percent in the West North Central division to +2.2 percent in the Mountain division. Year-on-year, house prices increased 13.9 percent in March, the largest gain on record. Considering the first quarter as a whole, US house prices were up by 3.5 percent compared to the fourth quarter of 2020 and by 12.6 percent from the first quarter of 2020. “House price growth over the prior year clocked in at more than twice the rate of growth observed in the first quarter of 2020, just before the effects of the pandemic were felt in housing markets," said Dr. Lynn Fisher, Deputy Director of FHFA's Division of Research and Statistics. source: Federal Housing Finance Agency
Housing Index in the United States averaged 0.32 percent from 1991 until 2021, reaching an all time high of 1.70 percent in September of 2020 and a record low of -1.80 percent in November of 2008. This page provides the latest reported value for - United States House Price Index MoM Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States House Price Index MoM Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Housing Index in the United States is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Index in the United States to stand at 0.30 in 12 months time. In the long-term, the United States House Price Index MoM Change is projected to trend around 0.30 percent in 2022, according to our econometric models.