Skip to main content

U.S. House Price Creeps Up More Than 1 Percent In July 2021

Sep 29, 2021
Photo of someone holding a $20 bill and an American flag.
Director of Events

Federal Housing Finance Agency data thru July 2021 showed a 1.4% increase in the U.S. House Price Index.

House prices are up 19.2% from July 2020 to July 2021, according to the FHFA's House Price Index. The FHFA's previously reported 1.6% price change for June 2021 was also revised upward to 1.7%.

For the nine census divisions, seasonally adjusted monthly house price changes from June 2021 to July 2021 ranged from +0.8% in the West North Central division to +1.9% in the South Atlantic division. The 12-month changes ranged from +15.6% in the West North Central division to +25.6% in the Mountain division.

“Record appreciation rates for the U.S. continued in July,” said Dr. Lynn Fisher, FHFA's deputy director of the Division of Research and Statistics. “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% and all saw annual gains in excess of 15%.”

The FHFA HPI is the nation's only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s. 

About the author
Director of Events
Navi Persaud is Director of Events at NMP.
Published
Sep 29, 2021
Homebuying Pessimism Grows, Affordability Woes Persist

On the bright side, household incomes have achieved some stability

Feb 07, 2025
Purchase Mortgage Lock Volumes Down In January

Industry ‘awaits potential shifts in interest rates’ for increase in activity, MCT says

Feb 07, 2025
Rithm Makes Big Gains With Multi-Channel Strategy

Strong fourth-quarter and year-end results driven by servicing acquisitions and focus on customer experience

Feb 07, 2025
Mortgage Delinquencies Climb In Fourth Quarter

Conventional delinquency rates remain historically low while FHA and VA delinquency rates grow

Feb 07, 2025
Housing Situation Difficult, ‘Not As Dire’ As 2006

Redfin Chief Economist Daryl Fairweather talks market challenges with NMP

Feb 07, 2025
Mortgage Rates Decline Slightly In Weekly Survey

Stable rates a glimmer of hope, despite market challenges

Feb 06, 2025