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House Price Index

US House Price Index May 2020

Published: 7/22/2020

U.S. house prices fell in May, down 0.3 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.9 percent from May 2019 to May 2020. The previously reported 0.2 percent increase for April 2020 was revised downward to 0.1 percent.

For the nine census divisions, seasonally adjusted monthly house price changes from April 2020 to May 2020 ranged from -1.0 percent in the New England division to +0.1 percent in the South Atlantic division. The 12-month changes were all positive, ranging from +3.7 percent in the New England division to +6.3 percent in the Mountain division.

Monthly index values and appreciation rate estimates for recent periods are provided in the tables and graphs on the following pages. Downloadable data and HPI release dates for all of 2020 are available here: https://www.fhfa.gov/HPI.

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