U.S. House Prices Rose 17.5 Percent Y/Y Nov. 2021

House prices rose nationwide in November, up 1.1 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 17.5 percent from November 2020 to November 2021. The previously reported 1.1 percent price change for October 2021 remained unchanged.

For the nine census divisions, seasonally adjusted monthly house price changes from October 2021 to November 2021 ranged from +0.5 percent in the West North Central division to +1.9 percent in the South Atlantic division. The 12-month changes ranged from +13.3 percent in the West North Central division to +22.8 percent in the Mountain division.

FHFA will release its next HPI report on February 22, 2022, with monthly data through December 2021 and quarterly data through the fourth quarter of 2021.​