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US: FHFA House Price Index
| Consensus | Actual | Previous | |
| Month over Month | 0.1% | 0.0% | 0.3% |
| Year over Year | 2.5% | 2.3% | 2.2% |
Highlights
The seasonally adjusted FHFA house price index was unchanged in June from the previous month below the consensus expectation of a 0.1 percent price increase in an Econoday survey following a 0.3 percent increase in May. The year-over-year index for home resales and refinancing increased 2.3 percent.
The monthly regional picture was mixed in June, with prices up in four regions and down in five regions.
U.S. house prices rose 0.3 percent in the second quarter from the first quarter, and 2.1 percent from the first quarter of 2025.
The 30-year fixed-rate mortgage was 6.77 percent in the week ended Aug. 14, which is 8 basis points higher than four weeks before, and 9 basis points higher than a year earlier, reducing the likelihood of refinancing while weighing on affordability.
