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. 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 June of 2022.

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United States House Price Index MoM



Related Last Previous Unit Reference
House Price Index YoY 18.80 19.10 percent Apr 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
1.60 1.60 1.90 -1.80 1991 - 2022 percent Monthly
SA

News Stream
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
US Home Prices Surge the Most on Record: FHFA
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased a record 2.1 percent from a month earlier in February 2022, following a 1.6 percent gain in January. For the nine census divisions, monthly house price changes ranged from +1.3 percent in the East North Central division to +2.9 percent in the South Atlantic division. Year-on-year, house prices jumped 19.4 percent in February, accelerating from a revised 18.3 percent in the prior month. "Acceleration approached twice the monthly rate as seen a year ago. Housing prices continue to rise due to supply constraints," said Will Doerner, PhD, Supervisory Economist in FHFA's Division of Research and Statistics.
2022-04-26