The House Price Index (HPI) YoY measures the annual change in the price of single-family homes with mortgages. It serves as a key indicator of the housing market's health and reflects the broader economic trend of wealth accumulation. Rising house prices often lead to increased consumer confidence and spending through the 'wealth effect,' while falling prices can signal economic cooling.
Calculated using a repeat-sales methodology, which tracks the price changes of the same properties over time to ensure a consistent comparison. Data is sourced from mortgage transactions provided by Fannie Mae and Freddie Mac.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 17, 2026 | -3.20 | -3.40 | +0.20 |
| Jul 15, 2026 | -3.30 | -3.40 | +0.10 |
| Jun 16, 2026 | -3.50 | -3.40 | -0.10 |
| May 18, 2026 | -3.50 | -3.50 | 0.00 |
| Apr 16, 2026 | -3.40 | -3.50 | +0.10 |
| Mar 16, 2026 | -3.20 | -3.30 | +0.10 |
| Feb 13, 2026 | -3.10 | -2.60 | -0.50 |
| Jan 19, 2026 | -2.70 | -2.60 | -0.10 |
| Dec 15, 2025 | -2.40 | -1.90 | -0.50 |
| Nov 14, 2025 | -2.20 | -2.00 | -0.20 |
| Oct 20, 2025 | -2.20 | -2.50 | +0.30 |
| Sep 15, 2025 | -2.50 | -2.60 | +0.10 |
| Aug 15, 2025 | -2.80 | -3.00 | +0.20 |
| Jul 15, 2025 | -3.20 | -3.10 | -0.10 |
| Jun 16, 2025 | -3.50 | -4.30 | +0.80 |
| May 19, 2025 | -4.00 | -4.30 | +0.30 |
| Apr 16, 2025 | -4.50 | -4.40 | -0.10 |
| Mar 17, 2025 | -4.80 | -4.70 | -0.10 |
| Feb 19, 2025 | -5.00 | -5.00 | 0.00 |
| Jan 17, 2025 | -5.30 | -5.80 | +0.50 |
| Dec 16, 2024 | -5.70 | -6.00 | +0.30 |
| Nov 15, 2024 | -5.90 | -5.80 | -0.10 |
| Oct 18, 2024 | -5.70 | 0.40 | -6.10 |
| Sep 14, 2024 | -5.30 | -5.00 | -0.30 |
| Aug 15, 2024 | -4.90 | -5.00 | +0.10 |
| Jul 15, 2024 | -4.50 | -4.10 | -0.40 |
| Jun 17, 2024 | -3.90 | -3.50 | -0.40 |
| May 17, 2024 | -3.10 | -3.00 | -0.10 |
| Apr 16, 2024 | -2.20 | -0.20 | -2.00 |
| Mar 15, 2024 | -1.40 | -0.30 | -1.10 |
| Feb 23, 2024 | -0.70 | -0.70 | 0.00 |
| Jan 17, 2024 | -0.40 | -0.40 | 0.00 |
| Dec 15, 2023 | -0.20 | -0.20 | 0.00 |
| Nov 16, 2023 | -0.10 | -0.20 | +0.10 |
| Oct 19, 2023 | -0.10 | 0.10 | -0.20 |
| Sep 15, 2023 | -0.10 | — | — |
| Aug 16, 2023 | -0.10 | 0.30 | -0.40 |
| Jul 15, 2023 | 0.00 | 0.50 | -0.50 |
| Jun 15, 2023 | 0.10 | 0.50 | -0.40 |
| May 17, 2023 | -0.20 | -0.20 | 0.00 |
| Apr 15, 2023 | -0.80 | -1.00 | +0.20 |
| Mar 16, 2023 | -1.20 | -0.40 | -0.80 |
| Feb 16, 2023 | -1.50 | -1.30 | -0.20 |
| Jan 16, 2023 | -1.50 | -2.00 | +0.50 |
| Dec 15, 2022 | -1.60 | -1.80 | +0.20 |
| Nov 16, 2022 | -1.60 | -1.90 | +0.30 |
| Oct 24, 2022 | -1.50 | -1.50 | 0.00 |
| Sep 16, 2022 | -1.30 | -1.20 | -0.10 |
| Aug 15, 2022 | -0.90 | -0.80 | -0.10 |
| Jul 15, 2022 | -0.50 | -0.50 | 0.00 |