United States: House Price Index - FHFA (SA)

Macro

2026-10-27

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

The US Q3 2026 FHFA House Price Index was most recently reported at 444.6, rising from the previous value of 443.5 and beating market expectations. Although a shortage of existing home inventory temporarily supports house prices at new highs, performance across the nine census divisions shows significant divergence. Research institutions warn that lagging house price indicators will gradually reflect a collapse in demand, and subsequent upward momentum may face severe challenges.

AI Data Insight

The US Q3 2026 FHFA House Price Index was most recently reported at 444.6, rising from the previous value of 443.5 and beating market expectations. Although a shortage of existing home inventory temporarily supports house prices at new highs, performance across the nine census divisions shows significant divergence. Research institutions warn that lagging house price indicators will gradually reflect a collapse in demand, and subsequent upward momentum may face severe challenges.

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