Monday, 18 October 2021 | The Latest Buzz for the Appraisal Industry

U.S. House Prices Show Substantial Rise Over Last Year

U.S. house prices rose 17.4% from the second quarter of 2020 to the second quarter of 2021, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices were up 4.9% compared to the first quarter of 2021. FHFA’s seasonally adjusted monthly index for June was up 1.6% from May.

“During the second quarter, house prices peaked in June with an 18.8 percent growth rate compared to a year ago,” observes

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