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    You are at:Home»Residential»FHFA House Price Index Says Prices Rose 17.5% Year-Over-Year

    FHFA House Price Index Says Prices Rose 17.5% Year-Over-Year

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    By Brad Beckett on February 24, 2022 Residential

    FHFA logoAccording to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 17.5% from Q4 2020 to Q4 2021.  In addiiton,  the FHFA’s seasonally adjusted monthly index for December was up 1.2% from November, 2021.  The FHFA produces the nation’s only public, freely available house price indexes (HPIs) that measure changes in single-family house prices based on data that cover all 50 states and over 400 American cities and extend back to the mid-1970s.

    “Housing trends over the past year have created challenges. The quick house price gains may be counterbalanced as mortgage rates increase. However, more expensive housing has elevated affordability to become a broader concern as available supply remains limited.”  Said William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics.

    Click here to read the full report at FHFA.gov.

     

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