USA FHFA House Price Index Tier 3 filed

FHFA House Price Index: August 2025

Tue, Oct 28, 2025 · 9:00 AM ET Source Next release · Oct 27, 9:00 AM ET

U.S. house prices rose 0.4% MoM in August 2025, reflecting a modest monthly gain, while YoY growth held at 2.3%, continuing a period of slower but steady appreciation.

  • The prior month’s estimate was revised, with July’s previously reported -0.1% MoM decline updated to 0.0%, confirming flat pricing rather than a drop.

  • Regional monthly changes ranged widely, from -0.8% in the Pacific to +1.2% in the Middle Atlantic, showing continued divergence in local market conditions.

  • On a YoY basis, the Pacific posted the weakest reading at -0.6%, while the Middle Atlantic led all divisions at +6.3%, indicating substantial strength in northeastern markets.

  • Other regions logged moderate annual gains, including East North Central (+4.7%), New England (+4.7%), and West North Central (+3.2%).

  • Southern divisions showed softer but positive YoY increases, with South Atlantic at +1.3% and West South Central at +0.7%, consistent with the broader cooling in price momentum.