The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 1.1 percent from a month earlier in November 2021, the same pace as in October. The last four months reflected average gains of 1 percent, down from the larger prior changes during the spring and summer months, and suggesting home price growth will likely slow further in 2022 amid higher interest rates. For the nine census divisions, monthly house price changes ranged from +0.5 percent in the West North Central division to +1.9 percent in the South Atlantic division. Year-on-year, house prices rose 17.5 percent in November, little-changed from a 17.4 percent increase in the previous month. "This new trend is a welcome shift but still twice the monthly average we have seen in the last 20 years, which echoes concerns about access and affordability in housing markets.”, said Will Doerner, Supervisory Economist in FHFA’s Division of Research and Statistics. source: Federal Housing Finance Agency

House Price Index MoM in the United States averaged 0.35 percent from 1991 until 2021, reaching an all time high of 1.90 percent in April of 2021 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 January of 2022.

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United States House Price Index MoM


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
1.10 1.10 1.90 -1.80 1991 - 2021 percent Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-28 02:00 PM Oct 1.1% 0.9% 0.7%
2022-01-25 02:00 PM Nov 1.1% 1.1% 0.8%
2022-02-22 02:00 PM Dec 1.1%


Related Last Previous Unit Reference
House Price Index YoY 17.50 17.40 percent Nov/21


News Stream
US Home Prices Rise 1.1% in November: FHFA
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 1.1 percent from a month earlier in November 2021, the same pace as in October. The last four months reflected average gains of 1 percent, down from the larger prior changes during the spring and summer months, and suggesting home price growth will likely slow further in 2022 amid higher interest rates. For the nine census divisions, monthly house price changes ranged from +0.5 percent in the West North Central division to +1.9 percent in the South Atlantic division. Year-on-year, house prices rose 17.5 percent in November, little-changed from a 17.4 percent increase in the previous month. "This new trend is a welcome shift but still twice the monthly average we have seen in the last 20 years, which echoes concerns about access and affordability in housing markets.”, said Will Doerner, Supervisory Economist in FHFA’s Division of Research and Statistics.
2022-01-25
US House Prices Rise 1.1% in October: FHFA
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 1.1 percent from a month earlier in October 2021, following a 0.9 percent advance in September. For the nine census divisions, monthly house price changes ranged from -0.3 percent in the New England division to +1.7 percent in the East South Central division. Year-on-year, house prices rose 17.4 percent in October, easing further from a record 19.3 percent jump seen in July. “House price levels continue to rise but the rapid pace is curtailing through October,” said Will Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. “The large market appreciations seen this spring peaked in July and have been cooling this fall with annual trends slowing over the last four consecutive months.”
2021-12-28
US House Prices Rise Less in September: FHFA
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.9 percent from a month earlier in September 2021, following a 1 percent gain in August. Year-on-year, house prices rose 17.7 percent. Considering Q3, US house prices rose 18.5 percent from a year earlier. “House price appreciation reached its highest historical level in the quarterly series,” said William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. “Compared to a year ago, annual gains have increased in every state and metro area. Real estate prices have risen exceptionally fast, but market momentum peaked in July as month-over-month gains have moderated.”
2021-11-30