The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US increased by 1.4% from a month earlier in May of 2022, easing from a downwardly revised 1.5% in the previous month. For the nine census divisions, monthly house price changes ranged from +0.2% in the Pacific division to +2% in the New England division. Year-on-year, house prices jumped by 18.3%. “Since peaking in February, price appreciation has moderated slightly. Price growth continues to remain above historical levels, supported by the low inventory of properties for sale.” said Will Doerner, Ph.D., Supervisory Economist in FHFA's Division of Research and Statistics. source: Federal Housing Finance Agency
House Price Index MoM in the United States averaged 0.37 percent from 1991 until 2022, reaching an all time high of 1.90 percent in February of 2022 and a record low of -1.80 percent in November of 2008. This page includes a chart with historical data for the United States FHFA House Price Index MoM. United States House Price Index MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.