US FHFA House Price Index: New England Region
US FHFA House Price Index: New England Region stood at 1,072.44 in Q2 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the FHFA house price index by region table (Value · Quarterly), with a complete series running from Q1 1975 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the FHFA house price index by region table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| New England6 | 1,072.44 | 1,055.68 | 1,046.43 | 1,039.29 | 1,031.69 | 1,006.68 | 995.37 | 989.68 | 977.39 | 942.22 | |
| Connecticut | 736.5 | 719.95 | 709 | 706.18 | 696.98 | 676.42 | 668.24 | 664.24 | 650.08 | 620.74 | |
| Maine | 1,044.11 | 1,034.24 | 1,027.83 | 1,021.44 | 1,012.49 | 987.36 | 974.66 | 969.65 | 958.03 | 927.32 |
Understanding US FHFA House Price Index: New England Region
The New England series records the trajectory of single-family house prices in the northeasternmost group of US states through repeatedly observed real estate. It measures price changes, not the number of units sold, affordability, or the homeownership rate. Compared to the national index, the scope is narrower and more sensitive to limited housing supply, older urban structures, and coastal markets; compared to the Middle Atlantic region, this is a distinct geographical set rather than a subpart that can be summed directly using simple arithmetic.
When evaluating trends, multiple consecutive quarters should be examined rather than concluding from a single minor reversal point. Year-on-year comparisons help reduce seasonal noise typically found in markets with distinct winters, while quarter-on-quarter comparisons indicate the most recent momentum if the data has been appropriately adjusted. Newly published values are subject to change as records arrive more completely. The deviation from the national aggregate should be understood as a difference in price growth rate, not a direct comparison of a single house's price level.
Frequently asked questions
- Is New England in the index a single state?
- No. This is a region comprising multiple states, so regional results can mask significant differences among local markets.
- Does the index show that homes in New England are more expensive than elsewhere?
- Not directly. The index level reflects change relative to the base period of the series itself, not cash price levels.
- Can winter cause data to fluctuate?
- Potentially, as transaction activity is typically seasonal. Therefore, one should check the adjustment method and prioritize year-on-year comparisons.