FHFA House Price Index Down 0.2% in May

Published on July 29, 2025

The Federal Housing Finance Agency (FHFA) house price index (HPI) fell to 434.4 in May, the second straight monthly decline. U.S. house prices were down 0.2% from the previous month, lower than the expected 0.1% decline, and up 2.8% from one year ago.

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