Friday, 19 August 2022 | The Latest Buzz for the Appraisal Industry

FHFA House Price Index Shows Nearly 20 Percent Increase from Last Year

House prices rose nationwide in May, up 1.4% from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI). House prices rose 18.3% from May 2021 to May 2022. The previously reported 1.6% price change for April 2022 was revised downward to 1.5%.

For the nine census divisions, seasonally adjusted monthly house price changes from April 2022 to May 2022 ranged from +0.2% in the Pacific division to +2%

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