{"id":440924,"date":"2026-10-27T22:00:08","date_gmt":"2026-10-27T15:00:08","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-fhfa-monthly-home-prices-index-0-3-vs-0-2-estimate-440924\/"},"modified":"2026-10-27T22:00:08","modified_gmt":"2026-10-27T15:00:08","slug":"us-fhfa-monthly-home-prices-index-0-3-vs-0-2-estimate","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-fhfa-monthly-home-prices-index-0-3-vs-0-2-estimate-440924\/","title":{"rendered":"US FHFA Monthly home prices index 0.3% vs 0.2% estimate"},"content":{"rendered":"<div>\n<ul>\n<li>Prior month 0.3%<\/li>\n<\/ul>\n<p>Details of the report<\/p>\n<p>US August FHFA house prices rise 0.3% as expected; annual growth slows to 2.4%<\/p>\n<ul>\n<li>\n<p>House prices MoM: +0.3% vs +0.3% expected. Prior revised to +0.2% from +0.3%.<\/p>\n<\/li>\n<li>\n<p>House prices YoY: +2.4% vs +2.6% expected. Prior revised to +2.6% from +2.5%.<\/p>\n<\/li>\n<li>\n<p>House Price Index: 444.6 vs 443.5 expected. Prior revised to 443.5 from 443.2.<\/p>\n<\/li>\n<\/ul>\n<p>US home prices increased 0.3% in August, matching expectations, according to the Federal Housing Finance Agency. However, the downward revision to July and softer-than-expected annual increase take some of the strength out of the headline.<\/p>\n<p>Prices were 2.4% above August 2025, below the 2.6% expected and July\u2019s revised 2.6% pace. Prices are still rising nationally, but annual appreciation is moderating and regional performance remains uneven. The gains are also less than the inflation rate.\u00a0\u00a0<\/p>\n<p>Regional monthly changes \u2014 August vs July:<\/p>\n<ul>\n<li>\n<p>Pacific: \u22120.1% vs +0.5%.<\/p>\n<\/li>\n<li>\n<p>Mountain: +0.3% vs \u22120.8%.<\/p>\n<\/li>\n<li>\n<p>West North Central: +0.7% vs +0.5%.<\/p>\n<\/li>\n<li>\n<p>West South Central: +0.6% vs +0.2%.<\/p>\n<\/li>\n<li>\n<p>East North Central: +0.5% vs +0.1%.<\/p>\n<\/li>\n<li>\n<p>East South Central: +2.1% vs \u22120.8%.<\/p>\n<\/li>\n<li>\n<p>New England: \u22120.8% vs +0.2%.<\/p>\n<\/li>\n<li>\n<p>Middle Atlantic: 0.0% vs +1.3%.<\/p>\n<\/li>\n<li>\n<p>South Atlantic: \u22120.1% vs +0.3%.<\/p>\n<\/li>\n<\/ul>\n<p>Five of the nine regional divisions recorded monthly gains, three declined and one was unchanged. East South Central\u2019s 2.1% rebound led the increases, while New England\u2019s 0.8% decline was the largest drop.<\/p>\n<p>All nine divisions remained higher from a year earlier. East North Central led at +4.4%, followed by Middle Atlantic at +4.3%. The Mountain division lagged at +0.5%, underscoring how little annual appreciation some markets are seeing.<\/p>\n<p>Quick analysis: The monthly gain shows home prices remain supported, but the annual miss and downward July revision temper the message. For the Fed, this offers some evidence of moderating house-price pressure, although purchase prices do not feed directly into the shelter measures in consumer inflation. The softer details could marginally favor lower Treasury yields and a softer USD, but this report alone is unlikely to materially change rate expectations. The key question is whether monthly gains broaden or remain concentrated in a handful of regions.<\/p>\n<p>What this report measures: The Federal Housing Finance Agency\u2019s House Price Index (FHFA HPI) tracks changes in single-family home values. The monthly purchase-only series uses repeat sales of properties with mortgages purchased or securitized by Fannie Mae or Freddie Mac; monthly changes are seasonally adjusted and subject to revision. Traders monitor it for clues about housing conditions, household wealth and affordability.<\/p>\n<p>Combined with the Case Schiller data, the housing prices are rising but not keeping up with inflation.\u00a0\u00a0<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior month 0.3% Details of the report US August FHFA house prices rise 0.3% as expected; annual growth slows to 2.4% House prices MoM: +0.3% vs +0.3% expected. Prior revised to +0.2%&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-440924","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=440924"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440924\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=440924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=440924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=440924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}