According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices home prices rose 6.3% between October 2022 and October of 2023. In addition, FHFA’s seasonally adjusted monthly index for October was up 0.3% from September. The FHFA HPI is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s.
“U.S. house price gains remained strong over the last 12 months…On a monthly basis, price appreciation moderated in October, with four divisions exhibiting slowdowns from the previous month.” Said Dr. Nataliya Polkovnichenko, Supervisory Economist in FHFA’s Division of Research and Statistics.
Click here to read the full report at the FHFA.
