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U.s. Home Prices Rose 0.6% In November, Fhfa Reports

Home prices across the country rose 0.6% in November, according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI), released on Tuesday.

Annually, home prices rose 1.9% from November 2024 to November 2025. The previously reported 0.4% price change in October remained unchanged.

Price growth varied widely by region. On a monthly basis, increases ranged from flat growth in the Middle Atlantic division to a 1.1% gain in the East South Central division. Over the past year, prices declined in the Pacific division, down 0.4%, while the East North Central region posted the strongest annual increase at 5.1%, the FHFA said.

Several regions continued to show cooling compared with a year earlier. Nationally, annual home price growth slowed from 4.8% in the prior 12-month period to 1.9% in the most recent year. The South Atlantic division recorded no year-over-year change, while the Mountain division posted a slight 0.1% decline.

The FHFA House Price Index tracks changes in single-family home values using a repeat-sales methodology based on purchase-only mortgage data from Fannie Mae and Freddie Mac. The index covers all 50 states and more than 400 metropolitan areas, with historical data dating back to the mid-1970s.

FHFA releases house price data monthly and quarterly. The agency said its next report is scheduled for Feb. 24 and will include monthly data for December and quarterly data through Q4 2025.

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U.s. Home Prices Rose 0.6% In November, Fhfa Reports

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