Single-family home prices increased at the annualized rate of 19.4% in Q2 2022, down slightly from the previous quarter’s upwardly revised 20.5%, according to Fannie Mae‘s (FNMA/OTCQB) latest Home Price Index (FNM-HPI) reading, a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos. On a quarterly basis, home prices rose a seasonally adjusted 4.3% in Q2 2022.
“Home prices maintained a near-historic
