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How much did the house price index YoY decrease in August?

House Price Index YoY in the United States decreased to 4.20 percent in August from 4.70 percent in July of 2024. This page includes a chart with historical data for the United States FHFA House Price Index YoY.

What is the FHFA house price index?

The FHFA House Price Index (FHFA HPI®) is a comprehensive collection of publicly available house price indexes that measure changes in single-family home values based on data that extend back to the mid-1970s from all 50 states and over 400 American cities.

How did housing prices change between 1967 and 2024?

According to the U.S. Bureau of Labor Statistics, prices for housing are 982.67% higher in 2024 versus 1967 (a $982,670.01 difference in value). Between 1967 and 2024: Housing experienced an average inflation rate of 4.27% per year. This rate of change indicates significant inflation.

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