FHFA House Prices Increase 0.4% In May

U.S. house prices increased 0.4% in May on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). House prices have increased 5.5% from the same period a year ago.

The FHFA HPI is calculated using home sales price information from mortgages either sold to or guaranteed by Fannie Mae and Freddie Mac.

The U.S. index is 6.5% below its April 2007 peak and is roughly the same as the July 2005 index level.

FHFA House Prices

FHFA Divisions