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.