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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States House Price Index MoM



Related Last Previous Unit Reference
House Price Index YoY 18.30 18.90 percent May 2022

United States House Price Index MoM
The FHFA (Federal Housing Finance Agency) House Price Index measures month over month changes in average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac.
Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.50 1.90 -1.80 1991 - 2022 percent Monthly
SA

News Stream
US Home Prices Rise 1.4% in May: FHFA
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.
2022-07-26
US Home Prices Rise 1.6% in April: FHFA
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US increased 1.6% from a month earlier in April of 2022, the same as in March. For the nine census divisions, monthly house price changes ranged from +0.3 percent in the East South Central division to +2.5 percent in the West South Central division. Year-on-year, house prices jumped 18.8 percent. "The inventory of homes on the market remains low, which has continued to keep upward pressure on sales prices. Increasing mortgage rates have yet to offset demand enough to deter the strong price gains happening across the country." said Will Doerner, Ph.D., Supervisory Economist in FHFA's Division of Research and Statistics.
2022-06-28
US Home Prices Rise at a Slower Pace: FHFA
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US increased 1.5% from a month earlier in March of 2022, easing from a revised record 1.9% rise in February. Considering Q1, house prices rose 18.7% from a year earlier and were up 4.6% compared to the fourth quarter of 2021. Of the nine census divisions, the Mountain division recorded the strongest four-quarter appreciation, posting a 24.0% yearly gain and a 5.7% quarterly increase. Annual house price appreciation was weakest in the Middle Atlantic division, where prices rose by 14.6% from a year earlier. "Strong demand coupled with tight supply have kept prices climbing. Through the end of March, higher mortgage rates have not yet translated into slower price gains, but new home sales have dropped during the last few months, with a significant falloff in April." said William Doerner, Ph.D., Supervisory Economist in FHFA's Division of Research and Statistics.
2022-05-31