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.
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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.
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U.S. house prices rose in August, up 0.6 percent from July, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 5.6 percent from August 2022 to August 2023. The previously reported 0.8 percent price increase in July remained unchanged.
For the nine census divisions, seasonally adjusted monthly price changes from July 2023 to August 2023 ranged from -0.2 percent in the South Atlantic division to +1.1 percent in the Pacific and East North Central divisions. The 12-month changes ranged from +2.4 percent in the Mountain division to +8.6 percent in the Middle Atlantic 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:
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