FHFA House Price Index Up 0.3 Percent in August; Up 2.4 Percent from Last Year

Washington, D.C. - U.S. house prices rose nationwide in August, up 0.3 percent from the previous month, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 2.4 percent from August 2025 to August 2026. The previously reported 0.3 percent price increase in July was revised down to 0.2 percent.

For the nine census divisions, seasonally adjusted monthly home price changes ranged from -0.8 percent in the New England division to +2.1 percent in the East South Central division. The 12-month changes ranged from +0.5 percent in the Mountain division to +4.4 percent in the East North Central division.

The FHFA HPI is a comprehensive collection of publicly available house price indexes that tracks changes in single-family home values across the United States. The data extend back to the mid-1970s and cover all 50 states and more than 400 American cities. Drawing on information from over 100 million home sales and refinance transactions, the FHFA HPI provides detailed insights into house price trends at the national, census division, state, metropolitan area, county, ZIP code, and census tract levels. FHFA employs a transparent, weighted repeat-sales methodology to measure changes in home prices using historical housing transaction data.

FHFA releases HPI data and reports quarterly and monthly. The flagship FHFA HPI uses seasonally adjusted, purchase-only data from Fannie Mae and Freddie Mac. Additional indexes use other data, including refinances, mortgages insured by the Federal Housing Administration, and real property records. All the indexes (including their historic values) and information about future HPI release dates are available on FHFA's website: https://www.fhfa.gov/HPI.

The next HPI report will be released on November 24, 2026, and will include monthly data through September 2026 and quarterly data through the third quarter of 2026.

###

The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $8.7 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on X @FHFA, YouTube, Facebook, and LinkedIn.

Contacts: MediaInq​[email protected]