The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States went up 0.2 percent from a month earlier in April of 2020, following a 0.1 percent advance in March. House price changes ranged from -0.5 percent in the South Atlantic division to +0.8 percent in the West South Central division. Year-on-year, housing prices rose 5.5 percent, with all positive changes, ranging from +5.0 percent in the Middle Atlantic division to +6.8 percent in the Mountain division. "We expect the normal spring bump in sales was pushed off by the COVID-19 shutdowns and may extend into the summer months as states reopen and real estate sales pick back up”, Dr. Lynn Fisher, Deputy Director of the Division of Research and Statistics at FHFA said.
Housing Index in the United States averaged 0.30 percent from 1991 until 2020, reaching an all time high of 1.20 percent in January of 2000 and a record low of -1.80 percent in November of 2008. This page provides the latest reported value for - United States House Price Index MoM Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States House Price Index MoM Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Federal Housing Finance Agency
Housing Index in the United States is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Index in the United States to stand at 0.30 in 12 months time. In the long-term, the United States House Price Index MoM Change is projected to trend around 0.30 percent in 2021, according to our econometric models.