US House Price Index United States (SA)
US House Price Index United States (SA) stood at 303.56 in Aug 2026, according to Freddie Mac House Price Index (FMHPI). It is one of the indicators in the Freddie Mac house prices by state and metro area table (Value · Monthly), with a complete series running from Jan 1975 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Freddie Mac house prices by state and metro area table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States (seasonally adjusted) | 303.56 | 302.64 | 301.91 | 301.45 | 301.12 | 300.81 | 300.49 | 299.96 | 299.18 | 298.33 | |
| United States (not seasonally adjusted) | 306.65 | 307.04 | 307.18 | 306.65 | 305.16 | 302.73 | 300.01 | 297.92 | 297.09 | 297.5 |
Understanding US House Price Index United States (SA)
The US House Price Index United States (SA) measures the average movement of single-family residential property prices across the country, adjusted to remove predictable calendar and weather-related fluctuations. This metric captures repeat-sales transactions and refinancings associated with properties financed by conventional mortgages, while excluding properties backed by government-insured loans and multi-family housing units. Unlike its unadjusted sibling series, this seasonally adjusted variant smooths out recurring annual patterns, allowing analysts to isolate true underlying market trends without distortion from regular hiring cycles or seasonal moving peaks.
Published on a regular periodic schedule, the series is subject to routine historical revisions as additional transaction records flow into the database. Because month-on-month readings can remain sensitive to lingering seasonal anomalies despite mathematical smoothing, analysts frequently rely on year-on-year comparisons to evaluate the true trajectory of national property valuations. This twelve-month perspective filters out high-frequency noise and provides a clearer baseline for assessing broader housing market momentum relative to general economic conditions.