2017 FHFA House Price Index: Historical Snapshot

Historical report — August 22, 2017. This page summarizes the Federal Housing Finance Agency’s second-quarter 2017 House Price Index release. It describes that period only; it is not a current home-price forecast or an estimate of any individual property’s value.

What FHFA reported for the second quarter of 2017

FHFA reported that U.S. house prices rose 1.6% from the first quarter to the second quarter of 2017 and 6.6% from the second quarter of 2016 to the second quarter of 2017. Over that year, the agency reported increases in 48 states and the District of Columbia. Read the original FHFA report for the complete data and method.

How to use an old index report

The FHFA index describes broad price changes using mortgage transactions involving Fannie Mae and Freddie Mac. It cannot establish a current value for a particular property or a mortgage approval. For more recent market data, use FHFA’s House Price Index reports. If you are planning a purchase or refinance, discuss the property, valuation process, costs and current loan terms with your lender.

Archived market information. This is not a rate quote, appraisal, commitment to lend or guarantee. Financing depends on the current program and complete loan file.