Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.

Graph and download economic data for All-Transactions House Price Index for the United States (USSTHPI) from Q1 1975 to Q3 2025 about appraisers, HPI, housing, price index, indexes, price, and USA.

In this Economic Commentary , we compare characteristics of the 2000–2006 house-price boom that preceded the Great Recession to the house-price boom that began in 2020 during the COVID-19 pandemic. These two episodes of high house-price growth have important differences, including the behavior of rental rates, the dynamics of housing supply and demand, and the state of the mortgage market. The absence of changes in fundamentals during the 2000s is consistent with the literature emphasizing house-price beliefs during this prior episode. In contrast to during the 2000s boom, changes in fundamentals (including rent and demand growth) played a more dominant role in the 2020s house-price boom.

The FHFA House Price Index (FHFA HPI®) is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s. The FHFA HPI incorporates tens of millions of home sales and offers insights about house price fluctuations at the national, census division, state, metro area, county, ZIP code, and census tract levels. FHFA uses a fully transparent methodology based upon a weighted, repeat-sales statistical technique to analyze house price transaction data. ​ What does the FHFA HPI represent? The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January 1975. The FHFA HPI serves as a timely, accurate indicator of house price trends at various geographic levels. Because of the breadth of the sample, it provides more information than is available in other house price indexes. It also provides housing economists with an improved analytical tool that is useful for estimating changes in the rates of mortgage defaults, prepayments and housing affordability in specific geographic areas. U.S. Federal Housing Finance Agency, All-Transactions House Price Index for Connecticut [CTSTHPI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CTSTHPI, August 2, 2023.

Graph and download economic data for Real Residential Property Prices for United States (QUSR628BIS) from Q1 1970 to Q2 2025 about residential, HPI, housing, real, price index, indexes, price, and USA.

We study the joint evolution of prices and rents of residential property. We construct indices for both rents and prices of renter-occupied properties and for prices of owner-occupied properties. We then decompose the change in the price of occupant-owned property into three components: (1) changes in rent, (2) changes in the relative prices of investor- and occupant-owned properties, and (3) changes in the price-rent ratio. We use a simple model to link our decomposition to different sources of variation in house prices. We argue that while the 2000s boom was plausibly driven by exuberant expectations, the boom of the 2020s more likely resulted from a preference shock.

View quarterly updates and historical trends for Aggregate House Price Index. Source: Federal Reserve Bank of Dallas. Track economic data with YCharts ana…

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in the United States (MEDLISPRIPERSQUFEEUS) from Jul 2016 to Oct 2025 about square feet, listing, median, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Wasatch County, UT (ATNHPIUS49051A) from 1986 to 2024 about Wasatch County, UT; UT; HPI; housing; price index; indexes; price; and USA.

Graph and download economic data for All-Transactions House Price Index for Colorado (COSTHPI) from Q1 1975 to Q3 2025 about CO, appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Dallas-Plano-Irving, TX (MSAD) (ATNHPIUS19124Q) from Q4 1975 to Q3 2025 about Dallas, appraisers, TX, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Austin-Round Rock-Georgetown, TX (MSA) (ATNHPIUS12420Q) from Q2 1977 to Q3 2025 about Austin, appraisers, TX, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for S&P CoreLogic Case-Shiller CA-San Francisco Home Price Index (SFXRSA) from Jan 1987 to Sep 2025 about San Francisco, CA, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for S&P CoreLogic Case-Shiller CA-Los Angeles Home Price Index from Jan 1987 to Sep 2025 about Los Angeles, CA, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Home Price Index (Middle Tier) for Atlanta, Georgia (ATXRMTSA) from Jan 1991 to Sep 2025 about middle tier, Atlanta, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Texas (MEDLISPRITX) from Jul 2016 to Oct 2025 about TX, listing, median, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Mississippi (MSSTHPI) from Q1 1975 to Q3 2025 about MS, appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Florida (FLSTHPI) from Q1 1975 to Q3 2025 about appraisers, FL, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for California (CASTHPI) from Q1 1975 to Q3 2025 about appraisers, CA, HPI, housing, price index, indexes, price, and USA.