Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

"According to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®).
House prices rose 18.0 percent from May 2020 to May 2021. The previously reported 1.8 percent
price change for April 2021 was unrevised.
For the nine census divisions, seasonally adjusted monthly house price changes from April 2021 to
May 2021 ranged from +1.0 percent in the Middle Atlantic division to +2.4 percent in the
Pacific division. The 12-month changes ranged from +15.4 percent in the West South Central
division to +23.2 percent in the Mountain division.
“House prices continued their record-setting growth into May,” said Dr. Lynn Fisher, FHFA’s
Deputy Director of the Division of Research and Statistics. “This trend will likely continue around
the country as busy summer homebuying months maintain the pressure being felt in already tight
housing markets.”
The FHFA HPI is the nation’s only collection of public, freely available house price indexes that
measure changes in single-family home values based on data from all 50 states and over 400
American cities that extend back to the mid-1970s. The FHFA HPI incorporates tens of millions of
home sales and offers insights about house price fluctuations at the national, census division, state,
metro area, county, ZIP code, and census tract levels. FHFA uses a fully transparent methodology
based upon a weighted, repeat-sales statistical technique to analyze house price transaction data.
FHFA releases HPI data and reports on a quarterly and monthly basis. The flagship FHFA HPI
uses seasonally adjusted, purchase-only data from Fannie Mae and Freddie Mac. Additional
indexes use other data including refinances, FHA mortgages, and real property records. All the
indexes, including their historic values, and information about future HPI release dates are
available on FHFA’s website: https://www.fhfa.gov/HPI.
FHFA will release its next HPI report on August 31, 2021 with data for the second quarter of 2021
and monthly data through June 2021.
The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These
government-sponsored enterprises provide more than $7.2 trillion in funding for the U.S. mortgage markets and
financial institutions."