House prices grew year-on-year in most states in the U.S. in the first quarter of 2025. Hawaii was the only exception, with a decline of **** percent. The annual appreciation for single-family housing in the U.S. was **** percent, while in Rhode Island—the state where homes appreciated the most—the increase was ******percent. How have home prices developed in recent years? House price growth in the U.S. has been going strong for years. In 2025, the median sales price of a single-family home exceeded ******* U.S. dollars, up from ******* U.S. dollars five years ago. One of the factors driving house prices was the cost of credit. The record-low federal funds effective rate allowed mortgage lenders to set mortgage interest rates as low as *** percent. With interest rates on the rise, home buying has also slowed, causing fluctuations in house prices. Why are house prices growing? Many markets in the U.S. are overheated because supply has not been able to keep up with demand. How many homes enter the housing market depends on the construction output, whereas the availability of existing homes for purchase depends on many other factors, such as the willingness of owners to sell. Furthermore, growing investor appetite in the housing sector means that prospective homebuyers have some extra competition to worry about. In certain metros, for example, the share of homes bought by investors exceeded ** percent in 2025.

Turkey experienced the highest annual change in house prices in 2025, followed by North Macedonia and Portugal. In the second quarter of the year, the nominal house price in Turkey grew by **** percent, while in North Macedonia and Portugal, the increase was **** and **** percent, respectively. Meanwhile, some countries saw prices fall throughout the year. That has to do with an overall cooling of the global housing market that started in 2022. When accounting for inflation, house price growth was slower, and even more countries saw the market shrink.

Housing Index in China remained unchanged at -2.20 percent in October. This dataset provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for All-Transactions House Price Index for Idaho Falls, ID (MSA) (ATNHPIUS26820Q) from Q2 1986 to Q3 2025 about Idaho Falls, ID, appraisers, HPI, housing, price index, indexes, price, and USA.

Key information about House Prices Growth

• US house prices grew 3.3% YoY in Sep 2025, following an increase of 4.1% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Sep 2025, with an average growth rate of -12.4%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

CEIC calculates House Prices Growth from quarterly House Price Index. Federal Housing Finance Agency provides House Price Index with base January 1991=100.

View monthly updates and historical trends for US Existing Home Median Sales Price. from United States. Source: National Association of Realtors. Track ec…

The U.S. housing market has slowed, after ** consecutive years of rising home prices. In 2021, house prices surged by an unprecedented ** percent, marking the highest increase on record. However, the market has since cooled, with the Freddie Mac House Price Index showing more modest growth between 2022 and 2024. In 2024, home prices increased by *** percent. That was lower than the long-term average of *** percent since 1990. Impact of mortgage rates on homebuying The recent cooling in the housing market can be partly attributed to rising mortgage rates. After reaching a record low of **** percent in 2021, the average annual rate on a 30-year fixed-rate mortgage more than doubled in 2023. This significant increase has made homeownership less affordable for many potential buyers, contributing to a substantial decline in home sales. Despite these challenges, forecasts suggest a potential recovery in the coming years. How much does it cost to buy a house in the U.S.? In 2023, the median sales price of an existing single-family home reached a record high of over ******* U.S. dollars. Newly built homes were even pricier, despite a slight decline in the median sales price in 2023. Naturally, home prices continue to vary significantly across the country, with West Virginia being the most affordable state for homebuyers.

Graph and download economic data for All-Transactions House Price Index for Twin Falls County, ID (ATNHPIUS16083A) from 1977 to 2024 about Twin Falls County, ID; ID; HPI; housing; price index; indexes; price; and USA.

In the second quarter of 2025, North Macedonia, Portugal, and Bulgaria registered the highest house price increase in real terms (adjusted for inflation). In North Macedonia, house prices outgrew inflation by nearly ** percent. When comparing the nominal price change, which does not take inflation into consideration, the average house price growth was even higher.

Meanwhile, many countries experienced declining prices, with Hong Kong recording the biggest decline, at ***** percent. That has to do with a broader trend of a slowing global housing market.

Graph and download economic data for All-Transactions House Price Index for Sioux Falls, SD (MSA) (ATNHPIUS43620Q) from Q2 1986 to Q3 2025 about Sioux Falls, SD, appraisers, HPI, housing, price index, indexes, price, and USA.

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.

Single Family Home Prices in the United States increased to 415200 USD in October from 412300 USD in September of 2025. This dataset provides - United States Existing Single Family Home Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

Key information about House Prices Growth

• China house prices dropped 2.5% YoY in Oct 2025, following a decrease of 1.9% YoY in the previous month.
• YoY growth data is updated monthly, available from Mar 1999 to Oct 2025, with an average growth rate of 5.3%.
• House price data reached an all-time high of 25.0% in Feb 2010 and a record low of -12.6% in Apr 1999.

CEIC calculates House Prices Growth from monthly Average Residential Property Price per Square Meter. The National Bureau of Statistics provides year-to-date Average Residential Property Price per Square Meter in local currency.

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.

This dataset provides a comprehensive overview of new housing price indexes in Canada. The data is sourced from a reliable statistical survey, offering a detailed breakdown of housing prices across different components such as total house and land, house only, and land only. The dataset is structured to include key metrics such as geographical location, price index classification, and specific price values, providing a robust foundation for analyzing housing price dynamics within the country.

Key Features

• Price Index Metrics: The dataset includes price indexes for total house and land, house only, and land only, providing a complete picture of housing price dynamics across different components.
• Geographical Focus: Data is specific to Canada, providing insights into national housing price trends and patterns.
• Unit of Measurement: Information is presented in index units (201612=100), allowing for straightforward analysis and comparison.
• Temporal Precision: The data is time-stamped for January 1981, ensuring relevance and accuracy for temporal analysis.

Potential Uses

• Real Estate Market Analysis: Assist in understanding the housing price dynamics in Canada, which is crucial for real estate market forecasting and planning.
• Investment Decisions: Provide insights into optimal investment strategies for real estate in various regions.
• Economic Policy: Support policymakers in monitoring and ensuring compliance with housing market trends and economic standards.
• Market-Specific Insights: Evaluate the impact of housing price trends on specific regions and potential growth or decline areas.
• Strategic Planning: Inform strategic planning for real estate developers and policymakers by providing a clear snapshot of current housing price levels and trends.

The financial crisis in 2008 led to steep declines in the house price in France, followed by some large increases. Since 2024, the French property market has contracted again, with the inflation-adjusted home price declining by **** percent in the second quarter of 2025.

Graph and download economic data for All-Transactions House Price Index for Falls Church city, VA (ATNHPIUS51610A) from 1976 to 2024 about Falls Church City, VA; Washington; VA; HPI; housing; price index; indexes; price; and USA.

Key information about House Prices Growth

• Mexico house prices grew 8.9% YoY in Sep 2025, following an increase of 8.7% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2006 to Sep 2025, with an average growth rate of 10.2%.
• House price data reached an all-time high of 11.7% in Mar 2023 and a record low of 2.2% in Jun 2010.

CEIC calculates House Price Growth from quarterly House Price Index. Federal Mortgage Society provides House Price Index with base 2017=100.

Housing Index in Hong Kong increased to 143.46 points in November 23 from 142.49 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.