The Federal Housing Finance Agency (FHFA) released its seasonally adjusted monthly House Price Index (HPI) showing U.S. house prices increased 0.4% in August and were up 2.3% from August 2024 to August 2025. July’s previously reported 0.1% decline was revised to 0.0%. Across the nine census divisions, monthly changes ranged from -0.8% in the Pacific division to +1.2% in the Middle Atlantic division, while 12-month changes ranged from -0.6% in the Pacific division to +6.3% in the Middle Atlantic division. The next HPI report is scheduled for November 25, 2025, and will include monthly data through September and quarterly data through the third quarter of 2025.
Federal Housing Finance Agency 2025-10-28
United States Federal Housing Finance Agency reports 0.4% rise in August House Price Index and 2.3% annual gain
The Federal Housing Finance Agency's House Price Index (HPI) indicates U.S. house prices rose 0.4% in August and 2.3% year-over-year. July's decline was revised to 0.0%. Regional monthly changes varied, with the Pacific division down 0.8% and the Middle Atlantic up 1.2%.