"Price growth varied widely by region. On a monthly basis, increases ranged from flat growth in the Middle Atlantic division to a 1.1% gain in the East South Central division. Over the past year, prices declined in the Pacific division, down 0.4%, while the East North Central region posted the strongest annual increase at 5.1%, the FHFA said. Several regions continued to show cooling compared with a year earlier."
"Nationally, annual home price growth slowed from 4.8% in the prior 12-month period to 1.9% in the most recent year. The South Atlantic division recorded no year-over-year change, while the Mountain division posted a slight 0.1% decline. The FHFA House Price Index tracks changes in single-family home values using a repeat-sales methodology based on purchase-only mortgage data from Fannie Mae and Freddie Mac."
Monthly home price changes varied by division, from flat growth in the Middle Atlantic to a 1.1% increase in East South Central. Over the past year, the Pacific declined 0.4% while East North Central rose 5.1%. National annual home price growth slowed from 4.8% to 1.9%. South Atlantic recorded no year-over-year change; Mountain declined 0.1%. The FHFA House Price Index measures single-family home value changes using a repeat-sales method based on purchase-only mortgage data from Fannie Mae and Freddie Mac. The index covers all 50 states and over 400 metropolitan areas, with monthly and quarterly releases. The next report is scheduled for Feb. 24 and will include December monthly and Q4 2025 quarterly data.
Read at www.housingwire.com
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