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.