Wednesday, 5 October 2022 | The Latest Buzz for the Appraisal Industry

House Prices Up Nearly 20 Percent Over 2021, 4.6 Percent Over Q4 2021

U.S. house prices rose 18.7% from the first quarter of 2021 to the first quarter of 2022 according to the Federal Housing Finance Agency’s House Price Index (FHFA HPI). House prices were up 4.6% compared to the fourth quarter of 2021.  FHFA’s seasonally adjusted monthly index for March was up 1.5% from February.

“High appreciation rates continued across housing markets during the first quarter of 2022,” says William Doerner, Ph.D., supervisory economist in FHFA’s



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