According to the housing price index published by the Federal Housing Finance Agency (FHFA), in the period from the fourth quarter of 2024 to the fourth quarter of 2025, prices in the United States increased by 1.8%.On a quarterly basis, they increased by 0.8%. Seasonally adjusted monthly FHFA index for December increased by 0.1% compared to November.
Since the beginning of 2012, the US national housing market has been experiencing positive quarterly dynamics.
Home prices increased in 41 states between the fourth quarter of 2024 and the fourth quarter of 2025.The five states with the highest annual growth were North Dakota (6.4%), Delaware (6.3%), Illinois (6.1%), Wisconsin (5.7%) and Michigan (5.5%).Home prices declined in nine states and the District of Columbia.Florida saw the most significant price decrease - by 2.7%.
Over the past four quarters, housing prices have increased in 66 of the 100 largest urban agglomerations.The most significant annual price increase was observed in the agglomeration of Allentown, Bethlehem, Easton, Pennsylvania, New Jersey, 8.9%. The agglomeration with the most significant price decrease was Cape Coral, Fort Myers, Florida, showed a decrease of 9.1%.Source: Florida Realtors