House prices rose by 1.0% nationwide in July, according to the new Federal House Finance Agency Price Index (FHFA HPI). From July 2019 to July 2020, house prices rose by 6.5%. The previously announced 0.9% price rise in June 2020 was increased by FHFA to 1.0%.
The seasonally weighted monthly house price increases for the nine census divisions ranged from +0.6% in the West North Central division to +2.0% in the New England division, from June 2020 to July 2020. In both the mountain and the east south-central divisions the 12-month adjustments ranged from +5.4% to +7.7% for the west southern center.