The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States went up 0.2 percent from a month earlier in November 2019, following an upwardly revised 0.4 percent advance in October and matching market expectations. Among Census divisions, the biggest increases were recorded in East South Central (0.8 percent), Pacific (0.2 percent), and West North Central (0.2 percent), while a decline was seen in Mountain (-0.1 percent). Year-on-year, house prices rose 4.9 percent, with prices ranging from 3.8 percent in the New England and the West South Central divisions to 6.3 percent in the Mountain division.
Housing Index in the United States averaged 0.30 percent from 1991 until 2019, reaching an all time high of 1.20 percent in January of 2000 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. source: Federal Housing Finance Agency
Housing Index in the United States is expected to be 0.10 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 0.20 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 2021, according to our econometric models.