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The FMHPI provides a measure of typical price inflation for houses within the United States. Values are calculated monthly and released at the end of the following month. For example, the FMHPI for March is published in late April. Seasonally and non-seasonally adjusted series are available at three levels of geographical aggregation: Metropolitan Statistical Area (MSA), state, and national. All series begin in January 1975. The national index is defined as a weighted average of the 50 states and Washington, D.C. indices. The FMHPI is based on an ever-expanding database of loans purchased by either Freddie Mac or Fannie Mae. View the technical descriptions.
Opinions, estimates, forecasts, and other views contained in this document are those of Freddie Mac's Economic & Housing Research group, do not necessarily represent the views of Freddie Mac or its management, and should not be construed as indicating Freddie Mac's business prospects or expected results. Although the Economic & Housing Research group attempts to provide reliable, useful information, it does not guarantee that the information or other content in this document is accurate, current or suitable for any particular purpose. All content is subject to change without notice. All content is provided on an “as is” basis, with no warranties of any kind whatsoever. Information from this document may be used with proper attribution. Alteration of this document or its content is strictly prohibited. ©2021 by Freddie Mac.