Last week, the Federal Housing Finance Agency released its Purchase-Only House Price Index for July. The HPI was down 0.6% from the previous month, although up 13.9% from July 2021. The HPI has increased by nearly 120% since March 2012 (yellow line), and is up 39% since the start of the COVID-19 pandemic in March 2020.
Tag: FHFA Purchase-Only Price Index
MBA Chart of the Week: FHFA Purchase-Only Price Index
This week’s MBA Chart of the Week shows FHFA’s quarterly, non-seasonally adjusted year-over-year HPA starting from the fourth quarter of 2008 through the second quarter of 2021, together with MBA’s quarterly forecast through the end of 2024.