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U.S. House Price Index - 3Q 20193000011/26/2019 5:00:00 AM<p>U.S. house prices rose in the third quarter of 2019, up <strong>1.1 percent</strong> according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).&#160; House prices rose <strong>4.9 percent </strong>from the third quarter of 2018 to the third quarter of 2019.&#160; FHFA's seasonally adjusted monthly index for September was up <strong>0.6 percent</strong> from August.</p><p> <strong>Significant Findings​</strong></p><ul><li><p>House prices have risen for 33 consecutive quarters across the United States.</p></li><li><p>House prices rose in all 50 states and the District of Columbia between the third quarters of 2018 and 2019.&#160; The top five states in annual appreciation were&#58; 1) <strong>Idaho </strong>11.6 percent; 2) <strong>Maine </strong>7.9 percent; 3) <strong>Arizona </strong>7.9 percent; 4) <strong>Utah </strong>7.8 percent; and 5) <strong>Indiana </strong>7.4 percent. &#160;The states showing the smallest annual appreciation were&#58; &#160;1) <strong>Illinois </strong>1.9 percent; 2) <strong>Connecticut </strong>2.2 percent; 3) <strong>Maryland </strong>2.4 percent; 4)<strong> South Dakota</strong> 2.7 percent; and 5) <strong>Iowa </strong>3.2 percent.</p></li><li><p>House prices rose in all 100 of the largest metropolitan areas in the U.S. over the last four quarters. &#160;Annual price increases were greatest in <strong>Boise City, ID,</strong> where prices increased by 11.1 percent.&#160; Prices were weakest in <strong>Camden, NJ (MSAD),</strong> where they increased 0.7 percent.</p></li><li><p>Of the nine census divisions, the <strong>Mountain </strong>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. &#160;Annual house price appreciation was weakest in the <strong>Middle Atlantic</strong> division, where prices rose by 4.0 percent between the third quarters of 2018 and 2019.</p></li><li><p>FHFA produced Fact Sheets that include graphics on the Top 20 and Bottom 20 ranked Metropolitan Statistical Areas in the U.S. here&#58; <a href="/HPI-Fact-Sheets">https&#58;//www.fhfa.gov/HPI-Fact-Sheets</a>.</p></li></ul><p> <a href="/Media/PublicAffairs/Pages/US-House-Prices-Rise-1pt1-Percent-in-Third-Quarter-Up-4pt9-Percent-from-Last-Year.aspx">Related News Release</a></p><p> <a href="/DataTools/Tools/Pages/Four-Quarter-Heat-Map.aspx">Link to interactive map</a></p><p> <a href="/DataTools/Downloads/Pages/House-Price-Index.aspx">More information about FHFA HPI<br> </a></p>11/26/2019 2:00:59 PMHome / About FHFA / Reports / U.S. House Price Index - 3Q 2019 House Price Index 2822https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Annual Housing Report - 2019 (covers activities 1/2018 - 12/2018)2736710/30/2019 4:00:00 AM<p></p><p>This Annual Housing Report (Report) describes the affordable housing activities of the Enterprises during 2018 and meets the reporting requirements of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended (Safety and Soundness Act).&#160;The Report describes FHFA's preliminary review of the Enterprises' 2018 housing goals performance. The Report also contains the results of FHFA's evaluations and ratings of the Enterprises' 2018 Duty to Serve performance, as well as highlights and challenges of selected Duty to Serve activities.</p><p>The Report includes information about the distribution of single-family loans by race/ethnicity, gender, and census tract median income. In addition, the Report includes a breakdown of the single-family mortgage product-types purchased by each Enterprise, as well as information on mortgage payment type (e.g., fixed-rate or adjustable-rate mortgage), loan-to-value ratios, and credit scores for 2018.</p><p>The Report also describes the affordable housing allocations made by each Enterprise, as well as FHFA's efforts to survey the mortgage markets and release loan-level data submitted by the Enterprises to the public. Finally, the Report discusses subprime, nontraditional, and higher-priced mortgage loans.​<br></p>10/30/2019 5:00:22 PMHome / About FHFA / Reports / Annual Housing Report - 2019 (covers activities 1/2018 - 12/2018) Annual 1268https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
House Price Index - August 20192731310/23/2019 4:00:00 AM<div aria-labelledby="ctl00_PlaceHolderMain_ctl03_label" style="display&#58;inline;"><div class="custom-contentTypeContent"><p>​​The FHFA House Price Index (HPI) reported a 0.2&#160;percent increase in U.S. house prices in August from the previous month.&#160; From August 2018 to August&#160;2019, house prices were up 4.6&#160;percent.&#160; For the nine census divisions, seasonally adjusted monthly price changes from July 2019 to August&#160;2019 ranged from -0.8 percent in the East South Central&#160;division to +0.9&#160;percent in the New England&#160;division.&#160; The 12-month changes were all positive, ranging from +3.9&#160;percent in the Middle Atlantic and Pacific&#160;divisions to +6.5&#160;percent in the Mountain division.</p><p>Monthly index values and appreciation rate estimates for recent periods are provided in the tables and graphs in the attachment.&#160;</p><p><a href="/Media/PublicAffairs/Pages/FHFA-House-Price-Index-Up-0pt2-Percent-in-August-2019.aspx">Related News Release</a></p></div></div>10/23/2019 1:00:46 PMHome / About FHFA / Reports / House Price Index - August 2019 House Price Index 3680https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
House Price Index Report - July 2019274379/24/2019 4:00:00 AM<p style="margin&#58;0px 0px 10px;padding&#58;0px;border&#58;0px currentcolor;color&#58;#404040 !important;text-transform&#58;none;line-height&#58;22px;text-indent&#58;0px;letter-spacing&#58;normal;font-family&#58;&quot;source sans pro&quot;, sans-serif;font-size&#58;14px;font-style&#58;normal;font-weight&#58;400;word-spacing&#58;0px;vertical-align&#58;baseline;white-space&#58;normal;orphans&#58;2;widows&#58;2;font-stretch&#58;inherit;background-color&#58;#ffffff;text-decoration-style&#58;initial;text-decoration-color&#58;initial;">The FHFA House Price Index (HPI) reported a&#160;0.4 percent increase in U.S. house prices in July from&#160;the previous month.&#160; From July 2018 to July 2019, house prices were up 5.0 percent.&#160; For the nine census divisions, seasonally adjusted monthly price changes from June 2019 to July 2019 ranged from +0.1 percent in the Middle Atlantic division to +1.2 percent in the Mountain&#160;division.&#160; The&#160;12-month changes were all positive, ranging from +3.6 percent in the Middle Atlantic division to +7.6 percent in the Mountain division.</p><p style="margin&#58;0px 0px 10px;padding&#58;0px;border&#58;0px currentcolor;color&#58;#404040 !important;text-transform&#58;none;line-height&#58;22px;text-indent&#58;0px;letter-spacing&#58;normal;font-family&#58;&quot;source sans pro&quot;, sans-serif;font-size&#58;14px;font-style&#58;normal;font-weight&#58;400;word-spacing&#58;0px;vertical-align&#58;baseline;white-space&#58;normal;orphans&#58;2;widows&#58;2;font-stretch&#58;inherit;background-color&#58;#ffffff;text-decoration-style&#58;initial;text-decoration-color&#58;initial;">Monthly index values and appreciation rate estimates for recent periods are provided in the tables and graphs in the attachment.&#160;</p><p style="margin&#58;0px 0px 10px;padding&#58;0px;border&#58;0px currentcolor;color&#58;#404040 !important;text-transform&#58;none;line-height&#58;22px;text-indent&#58;0px;letter-spacing&#58;normal;font-family&#58;&quot;source sans pro&quot;, sans-serif;font-size&#58;14px;font-style&#58;normal;font-weight&#58;400;word-spacing&#58;0px;vertical-align&#58;baseline;white-space&#58;normal;orphans&#58;2;widows&#58;2;font-stretch&#58;inherit;background-color&#58;#ffffff;text-decoration-style&#58;initial;text-decoration-color&#58;initial;"><a href="/Media/PublicAffairs/Pages/FHFA-House-Price-Index-Up-0pt4-Percent-in-July-Up-5pt0-Percent-From-Last-Year.aspx" style="margin&#58;0px;padding&#58;0px;border&#58;0px currentcolor;color&#58;#276598;line-height&#58;inherit;font-family&#58;inherit;font-size&#58;inherit;font-style&#58;inherit;font-variant&#58;inherit;font-weight&#58;600;text-decoration&#58;none;vertical-align&#58;baseline;font-stretch&#58;inherit;">Related News Release</a></p>9/24/2019 1:04:28 PMHome / About FHFA / Reports / House Price Index Report - July 2019 House Price Index 3244https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
U.S. House Price Index Report - 2019 Q2 / June267638/27/2019 4:00:00 AM<p><strong>Washington, D.C. </strong>– U.S. house prices rose in the second quarter of 2019, up <strong>1.0 percent</strong> according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).&#160; House prices rose <strong>5.0 percent</strong> from the second quarter of 2018 to the second quarter of 2019.&#160; FHFA's seasonally adjusted monthly index for June was up <strong>0.2 percent </strong>from May.&#160;</p><p>FHFA produces the nation's only public, freely available house price indexes (HPIs) that measure changes in single-family house prices based on data that cover all 50 states and over 400 American cities and extend back to the mid-1970s.&#160; The HPIs are built from tens of millions of home sales and offer insights about house price fluctuations at the national, census division, state, metro area, county, ZIP code, and census tract levels.&#160; The FHFA HPIs use a fully transparent methodology based upon a weighted, repeat-sales statistical technique to analyze transaction data from Fannie Mae and Freddie Mac.&#160; FHFA releases data and reports on a quarterly and monthly basis.&#160; The flagship FHFA HPI uses seasonally adjusted, purchase-only data, unless otherwise noted.&#160; Additional indexes are based on other data including refinances, FHA mortgages, and real property records.&#160; All the indexes can be downloaded from the FHFA website. </p><p><span style="text-decoration&#58;underline;"><strong>Significant Findings</strong></span></p><ul><li>House prices have risen for 32 consecutive quarters across the United States.&#160;</li><li>House prices rose in all 50 states and the District of Columbia between the second quarters of 2018 and 2019.&#160; The top five areas in annual appreciation were&#58; 1) <strong>Idaho</strong> 11.4 percent; 2) <strong>Utah</strong> 7.7 percent; 3) <strong>Tennessee</strong> 7.2 percent; 4) <strong>Georgia</strong> 6.9 percent; and 5) <strong>Arizona</strong> 6.9 percent. &#160;The areas showing the smallest annual appreciation were&#58; &#160;1) <strong>Delaware</strong> 1.2 percent; 2) <strong>Maryland </strong>1.5 percent; 3) <strong>District of Columbia</strong> 1.8 percent; 4) <strong>Iowa</strong> 2.2 percent; and 5) <strong>New Jersey</strong> 2.7 percent.&#160;</li><li>House prices rose in all 100 of the largest metropolitan areas in the U.S. over the last four quarters. &#160;Annual price increases were greatest in <strong>Boise City, ID</strong>, where prices increased by 13.6 percent.&#160; Prices were weakest in <strong>Oxnard-Thousand Oaks-Ventura, CA</strong>, where they increased 0.5 percent.&#160;</li><li>Of the nine census divisions, the <strong>Mountain</strong> division experienced the strongest four-quarter appreciation, posting a 6.6 percent gain between the second quarters of 2018 and 2019 and a 1.3 percent increase in the second quarter of 2019. &#160;Annual house price appreciation was weakest in the <strong>Middle Atlantic</strong> division, where prices rose by 4.0 percent between the second quarters of 2018 and 2019.&#160;</li></ul><ul><li>FHFA has produced Fact Sheets that include graphics on the Top 10 and Bottom 10 ranked Metropolitan Statistical Areas in the U.S. here&#58; <a href="/HPI-Fact-Sheets"><span style="text-decoration&#58;underline;">https&#58;//www.fhfa.gov/HPI-Fact-Sheets</span></a>.</li></ul><p>Tables and graphs showing home price statistics for metropolitan areas, states, census divisions, and the U.S. as a whole are included on the following pages. </p><p><a href="/Media/PublicAffairs/Pages/US-House-Prices-Rise-1pt0-Percent-in-Second-Quarter-2019Q2.aspx">Related News Release</a></p>9/25/2019 10:04:42 PMHome / About FHFA / Reports / U.S. House Price Index Report - 2019 Q2 / June House Price Index 7856https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
House Price Index Report - May 2019267327/23/2019 4:00:00 AM<p>The FHFA House Price Index (HPI) reported a 0.1&#160;percent increase in U.S. house prices in May&#160;from the previous month.&#160; From May&#160;2018 to May&#160;2019, house prices were up 5.0&#160;percent.&#160; For the nine census divisions, seasonally adjusted monthly price changes from April&#160;2019 to May 2019 ranged from -1.0&#160;percent in the East South Central division to +0.5&#160;percent in the South Atlantic&#160;division.&#160; The 12-month changes were all positive, ranging from +3.6&#160;percent in the West South Central&#160;division to +6.7&#160;percent in the Mountain division.​<br></p><p>Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs in the attachment.<br></p><p><a href="/Media/PublicAffairs/Pages/FHFA-HPI-Up-0pt1-Percent-in-May-2019.aspx">Related News Release​​</a><br></p>7/23/2019 1:00:24 PMHome / About FHFA / Reports / House Price Index Report - May 2019 House Price Index 8678https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
House Price Index Report - April 2019269816/25/2019 4:00:00 AM<p style="margin&#58;0px 0px 10px;padding&#58;0px;border&#58;0px currentcolor;color&#58;#404040 !important;text-transform&#58;none;line-height&#58;22px;text-indent&#58;0px;letter-spacing&#58;normal;font-family&#58;&quot;source sans pro&quot;, sans-serif;font-size&#58;14px;font-style&#58;normal;font-weight&#58;400;word-spacing&#58;0px;vertical-align&#58;baseline;white-space&#58;normal;orphans&#58;2;widows&#58;2;font-stretch&#58;inherit;background-color&#58;#ffffff;text-decoration-style&#58;initial;text-decoration-color&#58;initial;">The FHFA House Price Index (HPI) reported a&#160;0.4&#160;percent&#160;increase in U.S. house prices in April&#160;from the previous month.&#160; From April&#160;2018 to April&#160;2019, house prices were up 5.2&#160;percent.&#160; For the nine census divisions, seasonally adjusted monthly price changes from March&#160;2019 to April&#160;2019 ranged from -0.6&#160;percent in the&#160;West North&#160;Central division to +1.2&#160;percent in the&#160;Mountain division.&#160; The 12-month changes were all positive, ranging from +4.0&#160;percent in the Middle Atlantic&#160;division to +7.8&#160;percent in the Mountain&#160;division.​</p><p style="margin&#58;0px 0px 10px;padding&#58;0px;border&#58;0px currentcolor;color&#58;#404040 !important;text-transform&#58;none;line-height&#58;22px;text-indent&#58;0px;letter-spacing&#58;normal;font-family&#58;&quot;source sans pro&quot;, sans-serif;font-size&#58;14px;font-style&#58;normal;font-weight&#58;400;word-spacing&#58;0px;vertical-align&#58;baseline;white-space&#58;normal;orphans&#58;2;widows&#58;2;font-stretch&#58;inherit;background-color&#58;#ffffff;text-decoration-style&#58;initial;text-decoration-color&#58;initial;">Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs in the attachment.</p><p style="margin&#58;0px 0px 10px;padding&#58;0px;border&#58;0px currentcolor;color&#58;#404040 !important;text-transform&#58;none;line-height&#58;22px;text-indent&#58;0px;letter-spacing&#58;normal;font-family&#58;&quot;source sans pro&quot;, sans-serif;font-size&#58;14px;font-style&#58;normal;font-weight&#58;400;word-spacing&#58;0px;vertical-align&#58;baseline;white-space&#58;normal;orphans&#58;2;widows&#58;2;font-stretch&#58;inherit;background-color&#58;#ffffff;text-decoration-style&#58;initial;text-decoration-color&#58;initial;"><a href="/Media/PublicAffairs/Pages/FHFA-House-Price-Index-Up-0pt4-Percent-in-April-2019.aspx">Related News Release</a></p>6/25/2019 1:00:23 PMHome / About FHFA / Reports / House Price Index Report - April 2019 House Price Index 4324https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Annual Report to Congress - 2018268336/12/2019 4:00:00 AM<p>​The Federal Housing Finance Agency (FHFA) today released its 2018 <a href="/AboutUs/Reports/ReportDocuments/FHFA_2018_Report-to-Congress.pdf"> <em>Report to Congress</em></a>. &#160;The report meets the requirements of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008. &#160;It provides information about FHFA's 2018 examinations of Fannie Mae and Freddie Mac (the Enterprises), 11 Federal Home Loan Banks and the Federal Home Loan Banks' Office of Finance.&#160; The report also describes FHFA's actions as conservator of the Enterprises.</p><p><a href="/Media/PublicAffairs/Pages/FHFA-2018-Report-to-Congress-Includes-Legislative-Recommendations.aspx">Related News Release</a></p>6/12/2019 12:00:31 PMHome / About FHFA / Reports / Annual Report to Congress - 2018 Annual Report to Congress 3069https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
U.S. House Price Index Report - 1Q2019 / March265325/28/2019 4:00:00 AM<p>U.S. house prices rose <strong>1.1 percent</strong> in the first quarter of 2019 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).&#160; &#160;House prices rose <strong>5.1 percent</strong> from the first quarter of 2018 to the first quarter of 2019.&#160; FHFA's seasonally adjusted monthly index for March was up <strong>0.1 percent </strong>from February.&#160;</p><p>The HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. </p><p>See video of highlights for the first quarter featuring Dr. Doerner.</p><p><strong>Significant Findings</strong> </p><ul><li>Home prices rose in all 50 states and the District of Columbia between the first quarters of 2018 and 2019.&#160; The top five areas in annual appreciation were&#58; 1) <strong>Idaho</strong> 13.4 percent; 2) <strong>Nevada</strong> 10.6 percent; 3) <strong>Utah</strong> 8.9 percent; 4) <strong>Tennessee</strong> 7.7 percent; and 5) <strong>Georgia</strong> 7.5 percent. &#160;The areas showing the smallest annual appreciation were&#58; &#160;1) <strong>Maryland</strong> 0.5 percent; 2) <strong>Delaware </strong>0.7 percent; 3) <strong>Louisiana</strong> 1.0 percent; 4) <strong>Alaska</strong> 2.1 percent; and 5) <strong>Wyoming</strong> 2.1 percent.</li></ul><ul><li>Home prices rose in 95 of the 100 largest metropolitan areas in the U.S. over the last four quarters. &#160;Annual price increases were greatest in <strong>Boise City, ID</strong>, where prices increased by 16.0 percent.&#160; Prices were weakest in <strong>Urban Honolulu, HI</strong>, where they fell by 4.5 percent.</li></ul><ul><li>Of the nine census divisions, the <strong>Mountain</strong> division experienced the strongest four-quarter appreciation, posting a 7.2 percent gain between the first quarters of 2018 and 2019 and a 1.7 percent increase in the first quarter of 2019. &#160;Annual house price appreciation was weakest in the <strong>Pacific</strong> division, where prices rose by 3.7 percent between the first quarters of 2018 and 2019. </li></ul><p><a href="/Media/PublicAffairs/Pages/US-House-Prices-Rise-1pt1-Percent-in-First-Quarter-2019.aspx">Related News Release</a></p>5/28/2019 1:00:59 PMHome / About FHFA / Reports / U.S. House Price Index Report - 1Q2019 / March House Price Index 10427https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
U.S. House Price Index - February 2019268654/23/2019 4:00:00 AM<p>The FHFA House Price Index (HPI) reported a&#160;0.3 percent&#160;increase in U.S. house prices in&#160;February from the previous month.&#160; From&#160;February 2018 to&#160;February 2019, house prices were up 4.9&#160;percent.&#160; For the nine census divisions, seasonally adjusted monthly price changes from&#160;January 2019 to&#160;February 2019 ranged from -1.2&#160;percent in the Middle Atlantic division to +1.4 percent in the&#160;East South Central division.&#160; The 12-month changes were all positive, ranging from +3.5&#160;percent in the&#160;West South Central&#160;division to +6.5&#160;percent in the&#160;Mountain division.​</p><p>Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs in the attachment.</p><p><a href="/Media/PublicAffairs/Pages/FHFA-House-Price-Index-Up-0pt3-Percent-in-February-Up-4pt9-Percent-from-Last-Year.aspx">Related News Release</a></p>4/23/2019 1:00:14 PMHome / About FHFA / Reports / U.S. House Price Index - February 2019 House Price Index 3852https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx

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