United States: House Price Index - FHFA (SA)

Macro

2026-09-29

Description

The U.S. FHFA House Price Index is published by the Federal Housing Finance Agency (FHFA) and is a key indicator for measuring changes in U.S. single-family home prices. This index is based on repeat sales data of mortgages guaranteed by Fannie Mae and Freddie Mac and is calculated using a geometric weighted method.

An increase in the house price index typically indicates stronger demand in the real estate market, leading to rising home prices. Conversely, a decline in the index may reflect weakening demand in the real estate market, resulting in falling home prices.

This data is released monthly, reflecting changes in home prices from the previous month.

Published by
Federal Housing Finance Agency (Choice)
Frequency
Monthly
Next Update

AI Data Insight

In Q3 (July) 2026, the US FHFA House Price Index rose to 443.5, growing steadily from the previous Q2 value of 442.5, and beating market consensus with a 2.6% year-over-year increase. Supported by limited existing home inventory and rigid demand, the national housing market demonstrated astonishing resilience. However, regional price fluctuations diverged significantly, with the Middle Atlantic region leading the gains while the Mountain division faced downward pressure.

AI Data Insight

In Q3 (July) 2026, the US FHFA House Price Index rose to 443.5, growing steadily from the previous Q2 value of 442.5, and beating market consensus with a 2.6% year-over-year increase. Supported by limited existing home inventory and rigid demand, the national housing market demonstrated astonishing resilience. However, regional price fluctuations diverged significantly, with the Middle Atlantic region leading the gains while the Mountain division faced downward pressure.

Description

The U.S. FHFA House Price Index is published by the Federal Housing Finance Agency (FHFA) and is a key indicator for measuring changes in U.S. single-family home prices. This index is based on repeat sales data of mortgages guaranteed by Fannie Mae and Freddie Mac and is calculated using a geometric weighted method.

An increase in the house price index typically indicates stronger demand in the real estate market, leading to rising home prices. Conversely, a decline in the index may reflect weakening demand in the real estate market, resulting in falling home prices.

This data is released monthly, reflecting changes in home prices from the previous month.

Published by
Federal Housing Finance Agency (Choice)
Frequency
Monthly
Next Update