FX.co ★ US House Prices Unexpectedly Fall 0.4%: FHFA

In April 2025, the average prices of single-family homes with mortgages backed by Fannie Mae and Freddie Mac in the United States experienced a decline of 0.4% from the previous month, contrary to market expectations of a 0.1% rise. This marks the largest drop since July 2022. Among the nine census divisions, monthly price fluctuations varied, with changes ranging from a 1.3% decrease in the West South Central and South Atlantic divisions to a 1.2% increase in the Middle Atlantic division. On an annual basis, house prices rose by 3% in April, down from a 3.9% increase in the prior month. Over the past 12 months, changes in price spanned from a modest 0.5% rise in the Pacific division to a substantial 7.4% increase in the Middle Atlantic division.