FX.co ★ US Home Prices Fall Less than Expected: FHFA

In May 2025, the average prices of single-family homes with mortgages backed by Fannie Mae and Freddie Mac in the U.S. experienced a decline of 0.2% compared to the previous month. This decrease exceeded market predictions, which had anticipated a 0.1% drop. Across the nine census divisions, monthly price variations ranged from a decrease of 0.8% in the Middle Atlantic division to an increase of 0.3% in both the West South Central and New England divisions. On an annual basis, house prices rose by 2.8% in May, a slight decline from the 3.2% growth noted the previous month. Over the past 12 months, the changes in house prices spanned from a modest increase of 0.6% in the Pacific division to a more robust increase of 5.9% in the Middle Atlantic division.