FHFA House Price Index 3rd Quarter of 2023

By
Industry Observer CDRE #01044712

On November 28, 2023, The Federal Housing Finance Agency (FHFA) announced that the U.S. house prices higher 2.1% in the 3rd quarter of 2023 from 2nd quarter of 2023, and jumped 5.5% from 3rd quarter of 2022 based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.

Nationwide, among nine census New England Division was highest with an increase of 9.2% in the 3rd quarter of 2023 from 3rd quarter of 2022, while Pacific Division had lowest with a gain of 2.0% in the 3rd quarter of 2023, from 3rd quarter of 2023.

State of Vermont had the highest jump of 11.8%, while Hawaii was the weakest with a loss of 0.9% in the 3rd quarter of 2023, from 3rd quarter of 2022.

For complete more detailed information about the FHFA’s home price index for 3rd quarter of 2023, please click HERE

Posted by

John Pusa

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Comments (2)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. Goes to show you real estate is indeed local and buyers and sellers should use local knowledgeable agents to assist them. Enjoy your day.

Nov 29, 2023 05:24 AM
John Pusa
Glendale, CA

Good morning Wayne Martin I agree, real estate is indeed local and buyers and sellers should use local knowledgeable agents to assist them. Thank you, and enjoy your day too. Thanks for the comment.

Nov 29, 2023 10:49 AM