The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.1 percent from a month earlier in December 2020, following a 1.0 percent rise in November. For the nine census divisions, house price changes ranged from +0.8 percent in both the West North Central and South Atlantic divisions to +1.7 percent in the East South Central division. Year-on-year, house prices rose 11.4 percent in December. Considering the fourth quarter as a whole, house prices were up 3.8 percent quarter-on-quarter and 10.8 percent year-on-year, the largest increase on record. “Low mortgage rates, pent up demand from homebuyers, and a limited housing supply propelled every region of the country to experience faster growth in 2020 compared to a year ago despite the pandemic.", said Dr. Lynn Fisher, Deputy Director of FHFA’s Division of Research and Statistics. source: Federal Housing Finance Agency
Housing Index in the United States averaged 0.32 percent from 1991 until 2020, reaching an all time high of 1.70 percent in September of 2020 and a record low of -1.80 percent in November of 2008. This page provides the latest reported value for - United States House Price Index MoM Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States House Price Index MoM Change - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Housing Index in the United States is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Index in the United States to stand at 0.30 in 12 months time. In the long-term, the United States House Price Index MoM Change is projected to trend around 0.30 percent in 2022, according to our econometric models.