The Federal Housing Finance Agency released its seasonally adjusted monthly House Price Index showing U.S. house prices declined 0.4% in April, while remaining up 3.0% compared with April 2024. The previously reported 0.1% decline for March was revised to a flat 0.0%. Across the nine census divisions, seasonally adjusted monthly changes ranged from -1.3% in the West South Central and South Atlantic divisions to +1.2% in the Middle Atlantic division. All divisions recorded positive 12-month price changes, ranging from +0.5% in the Pacific division to +7.4% in the Middle Atlantic division. FHFA said the next House Price Index report will be released on July 29, 2025, and will include monthly data through May 2025.
2025-06-24Federal Housing Finance Agency
Federal Housing Finance Agency reports April house prices fell 0.4% month on month and rose 3.0% year on year in the FHFA House Price Index
The Federal Housing Finance Agency's monthly House Price Index revealed a 0.4% decline in U.S. house prices for April, with a 3.0% increase compared to April 2024. Regional monthly changes varied, with the West South Central and South Atlantic divisions experiencing declines of 1.3%, while the Middle Atlantic division saw a 1.2% increase. All divisions reported positive 12-month price changes, led by the Middle Atlantic division at 7.4%.