July 2017 Highlights

Total refinance volume decreased in July 2017 as mortgage rates in June remained above the lows observed in 2016. Mortgage rates increased in July: the average interest rate on a 30-year fixed rate mortgage rose to 3.97 percent from 3.90 percent in June.

In July 2017: 

​​OFHEO Releases First Quarter 2002 House Price Index. Average U.S. Appreciation is a Healthy 6.05 Percent.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

​​OFHEO Releases Fourth Quarter 2001 House Price Index. U.S. House Price Appreciation Slows Significantly in Fourth Quarter 2001 Averaging Only 0.25 Percent. U.S. House Prices Appreciated a Healthy 6.92 Percent from 4Q2000. Washington, D.C. Again Ranks #1 In House Price Appreciation in U.S.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

OFHEO Releases Third Quarter 2001 House Price Index. Washington, D.C. Tops in U.S for Third Consecutive Quarter 6.38% Appreciation from Second to Third Quarter 2001. California’s Silicon Valley Experiences Below Average Price Growth for First Time in Four Years.

Note: FHFA publishes monthly and quarterly HPI reports.  OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

​OFHEO Releases Second Quarter 2001 House Price Index. U.S. House Prices Grew 8.6% Since Second Quarter 2000. Washington, D.C. Tops In Home Price Appreciation For Second Consecutive Quarter at 14.4%.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

U.S. house prices rose 1.6 percent in the second quarter of 2017 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).   House prices rose 6.6 percent from the second quarter of 2016 to the second quarter of 2017.  FHFA's seasonally adjusted monthly index for June was up 0.1 percent from May. 

OFHEO Releases First Quarter 2001 House Price Index. U.S. House Prices Grew 8.8% Since First Quarter 2000. District of Columbia Tops in House Price Appreciation in U.S. OFHEO Lists Top and Bottom 20 Metropolitan Statistical Areas in House Price Appreciation.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.