The Federal Housing Finance Agency released its seasonally adjusted monthly House Price Index (FHFA HPI), showing U.S. house prices rose 0.2% in January and were up 4.8% from January 2024 to January 2025. December’s monthly increase was revised up to 0.5% from 0.4%. Across the nine census divisions, seasonally adjusted monthly price changes ranged from -0.8% in the South Atlantic to +1.0% in the West North Central. All divisions recorded positive 12-month changes, ranging from +2.4% in the West South Central to +8.2% in the Middle Atlantic. The next HPI report is scheduled for April 29, 2025 and will include monthly data through February 2025.
Federal Housing Finance Agency reports FHFA House Price Index up 0.2% in January and 4.8% year on year
The Federal Housing Finance Agency's House Price Index (HPI) indicated a 0.2% rise in U.S. house prices in January, with a 4.8% increase from January 2024 to January 2025. December's increase was revised to 0.5%. Regional monthly changes varied, with the South Atlantic down 0.8% and the West North Central up 1.0%, while all divisions showed positive annual growth.