2017 Economic Calendar
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FHFA House Price Index  
Released On 7/25/2017 9:00:00 AM For May, 2017
PriorConsensusConsensus Range
M/M change0.7 %0.6 %0.4 % to 0.7 %
Y/Y change6.8 %

Recent History Of This Indicator
The FHFA house price index has been posting solid rates of growth though slight slowing to 0.6 percent is the consensus for May, down from a run of 0.7 percent and 0.8 percent gains. The year-on-year rate, at 6.8 percent in April, was the best showing in 3 years.

Definition
The Federal Housing Finance Agency (FHFA) House Price Index (HPI) covers single-family housing, using data provided by Fannie Mae and Freddie Mac. The House Price Index is derived from transactions involving conforming conventional mortgages purchased or securitized by Fannie Mae or Freddie Mac. In contrast to other house price indexes, the sample is limited by the ceiling amount for conforming loans purchased by these government-sponsored enterprises (GSE). Mortgages insured by the FHA, VA, or other federal entities are excluded because they are not "conventional" loans. The FHFA House Price Index is a repeat transactions measure. It compares prices or appraised values for similar houses.  Why Investors Care
 
[Chart]
The FHFA House Price Index captures price data for an important segment of the housing market - home purchases with mortgages financed or bundled by federal housing agencies. However, this HPI does not cover high end housing.
Data Source: Haver Analytics
 
 

2017 Release Schedule
Released On: 1/252/233/224/255/246/227/258/229/2610/2511/2812/21
Release For: NovDecJanFebMarAprMayJunJulAugSepOct
 


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