Graph and download economic data for All-Transactions House Price Index for New York (NYSTHPI) from Q1 1975 to Q2 2025 about appraisers, NY, HPI, housing, price index, indexes, price, and USA.

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 Condo Price Index for New York, New York (NYXRCSA) from Jan 1995 to Jun 2025 about New York, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Westchester County, NY (ATNHPIUS36119A) from 1975 to 2024 about Westchester County, NY; New York; NY; HPI; housing; price index; indexes; price; and USA.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting ****** U.S. dollars per square foot in 2024. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Graph and download economic data for All-Transactions House Price Index for Nassau County-Suffolk County, NY (MSAD) (ATNHPIUS35004Q) from Q3 1975 to Q2 2025 about Nassau, appraisers, NY, HPI, housing, price index, indexes, price, and USA.

All-Transactions House Price Index for New York was 1092.90000 Index 1980 Q1=100 in January of 2025, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for New York reached a record high of 1092.90000 in January of 2025 and a record low of 72.54000 in January of 1976. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for New York - last updated from the United States Federal Reserve on August of 2025.

Graph and download economic data for All-Transactions House Price Index for Buffalo-Cheektowaga, NY (MSA) (ATNHPIUS15380Q) from Q3 1977 to Q2 2025 about Buffalo, appraisers, NY, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for S&P CoreLogic Case-Shiller NY-New York Home Price Index (NYXRSA) from Jan 1987 to Jun 2025 about New York, NY, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Rochester, NY (MSA) (ATNHPIUS40380Q) from Q3 1978 to Q2 2025 about Rochester, appraisers, NY, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Queens County, NY (ATNHPIUS36081A) from 1975 to 2024 about Queens County, NY; New York; NY; HPI; housing; price index; indexes; price; and USA.

Graph and download economic data for All-Transactions House Price Index for Nassau County, NY (ATNHPIUS36059A) from 1975 to 2024 about Nassau County, NY; New York; NY; HPI; housing; price index; indexes; price; and USA.

Graph and download economic data for All-Transactions House Price Index for New Jersey (NJSTHPI) from Q1 1975 to Q1 2025 about NJ, appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Bergen County, NJ (ATNHPIUS34003A) from 1975 to 2024 about Bergen County, NJ; NJ; New York; HPI; housing; price index; indexes; price; and USA.

Graph and download economic data for All-Transactions House Price Index for Saratoga County, NY (ATNHPIUS36091A) from 1975 to 2024 about Saratoga County, NY; Albany; NY; HPI; housing; price index; indexes; price; and USA.

Graph and download economic data for All-Transactions House Price Index for Morris County, NJ (ATNHPIUS34027A) from 1975 to 2024 about Morris County, NJ; NJ; New York; HPI; housing; price index; indexes; price; and USA.