U.S. House Prices, 17.7% Increase in 2022
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According to the Federal Housing Finance Agency, U.S. House Prices Rise 17.7 % over the Last Year (Quarter 2 of 2021 to Quarter 2 of 2022) or up 4.0 % from the First Quarter of 2022.  However, the latest monthly index of June 2022 was up 0.1 percent from May 20222. Some significant findings are as follows:

 

1. Nationally, the U.S. housing market has experienced positive annual appreciation each quarter since the start of 2012.

 

2. House prices rose in all 50 states and the District of Columbia between the second quarters of 2021 and 2022. The five areas with the highest annual appreciation were Florida (29.8%), Arizona (25.5%), North Carolina (25.2%), Montana 24.9% and Tennessee (24.3%).  On the contrary, the areas showing the lowest annual appreciation were District of Columbia (5.2%), North Dakota (10.6%), Louisiana (10.8%), Minnesota (11.3%) and Maryland (12.0%).

 

Details can be found here: https://www.fhfa.gov/AboutUs/Reports/ReportDocuments/HPI_2022Q2.pdf

 

 

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