By Amy Connolly
WASHINGTON — U.S. house prices rose 0.4% in August, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 2.3% from August 2024 to August 2025. The previously reported 0.1% price decline in July was revised to 0.0%.
For the nine census divisions, seasonally adjusted monthly home price changes ranged from -0.8% in the Pacific division to +1.2% in the Middle Atlantic division. The 12-month changes ranged from -0.6% in the Pacific division to +6.3% in the Middle Atlantic division.
The South Atlantic division, which includes Florida, saw a seasonally adjusted monthly price change of 0.7%.
The FHFA HPI is a comprehensive collection of publicly available house price indexes that measure changes in single-family home values based on data that extend back to the mid-1970s from all 50 states and over 400 American cities. It incorporates tens of millions of home sales and offers insights about house price changes at the national, census division, state, metro area, county, ZIP code, and census tract levels. FHFA uses a fully transparent methodology based upon a weighted, repeat-sales statistical technique to analyze house price transaction data.
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