FHFA House Price Index 3rd Quarter Of 2021

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On November 30, 2020, The Federal Housing Finance Agency (FHFA) announced that the U.S. house prices higher 4.2% in the 3rd quarter of 2021 from 2nd quarter of 2021, and jumped 18.5% from 3rd quarter of 2020 based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.

Nationwide, among nine census Mountain Division was highest with an increase of 5.8% in the 3rd quarter of 2021 from 2nd quarter of 2021, and rose 25.5% from 3rd quarter of 2020, while West North Central Division had lowest with a gain of 14.8% in the 3rd quarter of 2021, from 3rd quarter of 2020.

State of Idaho had the highest jump of 35.8%, while District of Columbia was the weakest with a gain of 8.0% in the 3rd quarter of 2021, from 3rd quarter of 2020.

William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics, stated “Compared to a year ago, annual gains have increased in every state and metro area. Real estate prices have risen exceptionally fast, but market momentum peaked in July as month-over-month gains have moderated.”

For complete more detailed information about the FHFA’s home price index for 3rd quarter of 2021, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

Comments (6)

Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

Thank you for the post, and have a wonderful Thursday. bill

Dec 02, 2021 06:11 AM
Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and enjoy your day!

Dec 02, 2021 07:41 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Bill Salvatore - YVP Blog you are welcome, and glad you find the post very helpful. Have a wonderful Thursday too. Thanks for the comment.

Dec 02, 2021 03:17 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Enjoy your day too. Thanks for the comment.

Dec 02, 2021 03:17 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

It will certainly be interesting to see what this month's Fed meetings may do to next year's market.

Dec 06, 2021 09:50 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Rocky Dickerson I agree, it will be interesting to see this month's Fed meeting may do to next year's market. Thanks for the comment.

Dec 06, 2021 02:48 PM