USA - Boliger Index

The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.6 percent from a month earlier in September 2019, following a 0.2 percent increase in the previous month and above market expectations of a 0.2 percent gain. It is the highest monthly rise in house prices since January. Among Census divisions, increases were recorded for East South Central (1.9 percent); South Atlantic (1.3 percent); West North Central (0.6 percent); Middle Atlantic (0.6 percent); Mountain (0.5 percent); East North Central (0.3 percent); West South Central (0.2 percent); Pacific (0.1 percent) and New England (0.1 percent). Year-on-year, house prices advanced 5.1 percent. On a quarterly basis, house prices climbed 4.9 percent in Q3, below a 5.2 percent jump in Q2.

The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.2 percent from a month earlier in August 2019, after a 0.4 percent gain in the previous month. Among Census divisions, increases were recorded in New England (0.9 percent); East North Central (0.5 percent); West North Central (0.5 percent); West South Central (0.4 percent); and in the Middle Atlantic (0.2 percent). In contrast, declines were seen in the East South Central (-0.8 percent); South Atlantic (-0.1 percent); and Mountain (-0.1 percent); while prices in the Pacific were unchanged. Year-on-year, house prices advanced 4.6 percent.

The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 0.4 percent from a month earlier in July 2019, after a 0.2 percent gain in the previous month and above market expectations of a 0.3 percent rise. Among Census divisions, increases were recorded in Mountain (1.2 percent); New England (0.8 percent); Pacific (0.5 percent); East North Central (0.4 percent); East South Central (0.3 percent); South Atlantic (0.2 percent); West South Central (0.2 percent); West North Central (0.2 percent); and in the Middle Atlantic (0.1 percent). Year-on-year, house prices went up 5 percent.

The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States went up 0.2 percent from a month earlier in June of 2019, the same pace as in the previous month and matching market expectations. Among Census divisions, increases were seen in the West South Central (1.1 percent); East South Central (0.6 percent); Pacific (0.2 percent); Mountain (0.1 percent) and West North Central (0.1 percent). In contrast, house prices dropped in New England (-0.6 percent); Middle Atlantic (-0.3 percent) and East North Central (-0.1 percent) while were flat in the South Atlantic. Year-on-year, house prices rose 4.8 percent, following an upwardly revised 5.2 percent gain in the prior month. In the second quarter of the year, house prices grew by 5.0 percent over a year ago and by 1.0 percent from the previous quarter.

The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.1 percent from a month earlier in May of 2019, easing from a 0.4 percent rise in the previous month and below market expectations of a 0.3 percent gain. It is the lowest monthly rise in house prices since January of 2017. Among Census divisions, increases in the Pacific (0.2 percent); West North Central (0.1 percent); East North Central (0.3 percent); New England (0.4 percent); South Atlantic (0.5 percent) and Middle Atlantic (0.4 percent) were partly offset by declines in the Mountain (-0.3 percent); West South Central (-0.5 percent) and East South Central (-1.0 percent). Year-on-year, house prices rose 5.0 percent.

The average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.4 percent from a month earlier in April 2019, following a 0.1 percent gain in the previous month and above market expectations of a 0.2 percent rise. Among Census divisions, increases in the Pacific (0.6 percent); Mountain (1.2 percent); West South Central (0.5 percent); East North Central (0.4 percent); East South Central (1.1 percent); New England (0.6 percent); and South Atlantic (0.1 percent) offset declines in the West North Central (-0.6 percent); and Middle Atlantic (-0.1 percent). Year-on-year, house prices went up 5.2 percent.