This annual report describes FHFA's accomplishments, as well as challenges, the agency faced in meeting the strategic goals and objectives during the past fiscal year.
Read about the agency’s 2020 examinations of Fannie Mac, Freddie Mac and the Home Loan Bank System.
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As conservator, FHFA is focused on ensuring that each Enterprise builds capital and improves its safety and soundness.
1.
Operate the business in a safe and sound manner.
2.
Promote sustainable and equitable access to affordable housing.
2023 Scorecard
FHFA experts provide reliable data, including all states, about activity in the U.S. mortgage market through its House Price Index, Refinance Report, Foreclosure Prevention Report, and Performance Report.
Source: FHFA
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Glossaries
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U.S. house prices rose in the third quarter of 2019, up 1.1 percent according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.9 percent from the third quarter of 2018 to the third quarter of 2019. FHFA's seasonally adjusted monthly index for September was up 0.6 percent from August.
Significant Findings
House prices have risen for 33 consecutive quarters across the United States.
House prices rose in all 50 states and the District of Columbia between the third quarters of 2018 and 2019. The top five states in annual appreciation were: 1) Idaho 11.6 percent; 2) Maine 7.9 percent; 3) Arizona 7.9 percent; 4) Utah 7.8 percent; and 5) Indiana 7.4 percent. The states showing the smallest annual appreciation were: 1) Illinois 1.9 percent; 2) Connecticut 2.2 percent; 3) Maryland 2.4 percent; 4) South Dakota 2.7 percent; and 5) Iowa 3.2 percent.
House prices rose in all 100 of the largest metropolitan areas in the U.S. over the last four quarters. Annual price increases were greatest in Boise City, ID, where prices increased by 11.1 percent. Prices were weakest in Camden, NJ (MSAD), where they increased 0.7 percent.
Of the nine census divisions, the Mountain division experienced the strongest four-quarter appreciation, posting a 6.9 percent gain between the third quarters of 2018 and 2019 and a 1.8 percent increase in the third quarter of 2019. Annual house price appreciation was weakest in the Middle Atlantic division, where prices rose by 4.0 percent between the third quarters of 2018 and 2019.
FHFA produced Fact Sheets that include graphics on the Top 20 and Bottom 20 ranked Metropolitan Statistical Areas in the U.S. here: https://www.fhfa.gov/HPI-Fact-Sheets.
Related News Release
Link to interactive map
More information about FHFA HPI
