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.
Submit comments and provide input on FHFA Rules Open for Comment by clicking on Rulemaking and Federal Register.
Implement critical reforms that will produce a stronger and more resilient housing finance system.
FOSTER competitive, liquid, efficient, and resilient (CLEAR) national housing finance markets that support sustainable homeownership and affordable rental housing; OPERATE in a safe and sound manner appropriate for entities in conservatorship; and PREPARE for eventual exits from the conservatorships.
2019 Conservatorships Strategic Plan
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.
FHFA economists and policy experts provide reliable research and policy analysis about critical topics impacting the nation’s housing finance sector. Meet the experts...
Washington, D.C. – U.S. house prices remained flat in January according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The HPI has
reflected positive monthly increases since early 2012, except for November 2013 and January
2017, when house prices were flat on a month-over-month basis. The previously reported 0.4
percent increase in December remains unrevised.
The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or
guaranteed by, Fannie Mae and Freddie Mac. From January 2016 to January 2017, house prices
were up 5.7 percent.
For the nine census divisions, seasonally adjusted monthly price changes from December 2016 to
January 2017 ranged from -2.0 percent in the East South Central division to +0.6 percent in the Pacific division. The 12-month changes were all positive, ranging from +3.5 percent in the East South Central division to +8.3 percent in the Mountain division.
Monthly index values and appreciation rate estimates for recent periods are provided in the table
and graphs on the following pages. Complete historical downloadable data and HPI release dates
for 2017 are available on the HPI page.
For detailed information on the HPI, see HPI Frequently Asked Questions (FAQ). The next HPI report will be released April 25, 2017 and will include monthly data through February
Media: Stefanie Johnson (202) 649-3030 / Corinne Russell (202) 649-3032Consumers: Consumer Communications or (202) 649-3811
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