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FHFA says home prices are up 6.6% year over year

by xyonent
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According to the latest information Federal Housing Finance Agency (FHFA) Home Price Index (HPI), House Prices House prices increased by 6.6% between November 2022 and November 2023. Additionally, FHFA’s November seasonally adjusted monthly index rose 0.3% from October. The FHFA HPI is the nation’s only publicly available, freely available home price index that measures changes in the value of single-family homes based on data from all 50 U.S. states and more than 400 cities dating back to the mid-1970s. It’s a collection.

“U.S. home prices continued to rise in November, with year-over-year growth slightly above the historical average…All nine Census divisions experienced positive price increases over the past 12 months, with national Five sectors in the survey showed a slowdown compared to the price increases observed in the previous year. ” said Dr. Natalya Polkovnichenko, supervising economist in the FHFA Research and Statistics Division.

Click here to read FHFA’s full report.

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