U.S. Home Prices Down 0.4% in April
On a year-over-year basis, prices rose 3.0%, with the South Atlantic region up 1.6%. Monthly changes varied by region, from -1.3% to +1.2%, the FHFA said.
WASHINGTON — U.S. house prices fell 0.4% in April, according to the U.S. Federal Housing seasonally adjusted monthly House Price Index (HPI). House prices rose 3.0% from April 2024 to April 2025. The previously reported 0.1% price decline in March was revised upward to 0.0%.
For the nine census divisions, seasonally adjusted monthly home price changes ranged from -1.3% in the West South Central and South Atlantic divisions to +1.2% in the Middle Atlantic division. The 12-month changes were all positive, ranging from +0.5% in the Pacific division to +7.4% in the Middle Atlantic division.
In the South Atlantic census division, which includes Florida, during the 12-month change between April 2024 to April 2025, home prices increased 1.6%
The FHFA HPI is a comprehensive collection of publicly available house price indexes that measure changes in single-family home values based on data that extend back to the mid-1970s from all 50 states and over 400 American cities. It incorporates tens of millions of home sales and offers insights about house price changes at the national, census division, state, metro area, county, ZIP code, and census tract levels. FHFA uses a fully transparent methodology based upon a weighted, repeat-sales statistical technique to analyze house price transaction data.
Source: U.S. Federal Housing Finance Agency
© 2025 Florida Realtors®