The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US edged up 0.1 percent from a month earlier in September of 2022. On a yearly basis, house prices rose 11 percent, the least since October 2020 and easing from a 11.9 percent advance in the previous month. Considering Q3, house prices rose 12.4 percent compared to the third quarter of 2021 and were up 0.1 percent when compared to the previous period. “House prices were flat for the third quarter but continued to remain above levels from a year ago.” said William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. “The rate of U.S. house price growth has substantially decelerated. This deceleration is widespread with about one-third of all states and metropolitan statistical areas registering annual growth below 10 percent.” source: Federal Housing Finance Agency

House Price Index MoM in the United States averaged 0.36 percent from 1991 until 2022, reaching an all time high of 1.90 percent in June 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 December of 2022.

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United States House Price Index MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-10-25 01:00 PM Aug -0.7% -0.6% -0.3%
2022-11-29 02:00 PM Sep 0.1% -0.7% -0.9%
2022-12-27 02:00 PM Oct 0.1% -0.3%


Related Last Previous Unit Reference
House Price Index YoY 11.00 11.90 percent Sep 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
0.10 -0.70 1.90 -1.80 1991 - 2022 percent Monthly
SA

News Stream
US Home Prices Edge Up in September
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US edged up 0.1 percent from a month earlier in September of 2022. On a yearly basis, house prices rose 11 percent, the least since October 2020 and easing from a 11.9 percent advance in the previous month. Considering Q3, house prices rose 12.4 percent compared to the third quarter of 2021 and were up 0.1 percent when compared to the previous period. “House prices were flat for the third quarter but continued to remain above levels from a year ago.” said William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. “The rate of U.S. house price growth has substantially decelerated. This deceleration is widespread with about one-third of all states and metropolitan statistical areas registering annual growth below 10 percent.”
2022-11-29
US Home Prices Fall for 2nd Month
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US fell 0.7 percent from a month earlier in August of 2022. For the nine census divisions, monthly house price changes ranged from -2.0 percent in the Mountain division to +0.4 percent in the New England division. On a yearly basis, house prices rose 11.9 percent, the least since December 2020 and following a 13.9 percent advance in the previous month. The 12-month changes were all positive, ranging from +7.4 percent in the Pacific division to +16.2 percent in the South Atlantic division. “U.S. house prices declined in August at a similar pace to the previous month. This is the first time since March 2011 that the index has seen two consecutive months of decline.” said Will Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics.
2022-10-25
US House Prices Drop for 1st Time in Over 2 Years: FHFA
The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US dropped 0.6 percent from a month earlier in July 2022, the first monthly fall since May 2020 when the economy experienced lockdowns as a result of COVID-19. This decline was widespread as eight of the nine census divisions saw a decrease, as demand for new houses was hit by rising interest rates. The largest monthly fall was recorded in the Pacific division (-1.6 percent), followed by decreases in the New England (-1.1 percent) and Mountain regions (-1.0 percent). On a yearly basis, house prices were up 13.9 percent, the least since February 2021.
2022-09-27