According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices rose 0.7% in April. In addition, they report that prices rose 3.1% from April 2022 through April 2023. The FHFA HPI is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s.
“U.S. house prices generally increased moderately in April…However, on a year-overyear basis, house prices in some regions of the country continued to decline.” Said Dr. Nataliya Polkovnichenko, Supervisory Economist in FHFA’s Division of Research and Statistics.
Click here to read the full report at the FHFA.