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 July of 2022.