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House Price Index

U.S. House Price Index - April 2023

Published: 4/25/2023

U.S. house prices rose in February, up 0.5 percent from January, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 4.0 percent from February 2022 to February 2023. The previously reported 0.2 percent price increase for January 2023 was revised downward to a 0.1 percent increase.

For the nine census divisions, seasonally adjusted monthly price changes from January 2023 to February 2023 ranged from -0.4 percent in the South Atlantic division to +2.3 percent in the East South Central division. The 12-month changes were -2.7 percent in the Pacific division to +8.3 percent in the East South Central division.

Monthly index values and appreciation rate estimates for recent periods are provided in the tables and graphs in the attached report. Downloadable data and HPI release dates for all of 2023 are available here: https://www.fhfa.gov/HPI.

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