The Federal Housing Finance Agency (FHFA) published its house price index report for July 2021, showing house prices rose nationwide by 1.4 percent month-over-month and 19.2 percent year-over-year. The previously reported price change for June 2021, 1.6 percent, was revised upward to 1.7 percent.
“Record appreciation rates for the U.S. continued in July,” Lynn Fisher, FHFA deputy director of the division of research and statistics, said in a release.
“Although the monthly pace of increase slowed in most census divisions in July, four areas experienced year-over-year growth rates in excess of 20 percent and all saw annual gains in excess of 15 percent.”
Seasonally adjusted monthly house price changes for the nine census divisions ranged from a 0.8 percent increase in the West North Central division to an increase of 1.9 percent in the South Atlantic division. Changes over 12 months ranged from an increase of 15.6 percent in the West North Central division to an increase of 25.6 percent in the Mountain division.