Home Price Growth Remains Steady in First Quarter
Rhea-AI Summary
Fannie Mae (OTCQB: FNMA) reports steady home price growth in Q1 2025, with single-family home prices increasing 5.2% year-over-year, slightly down from 5.3% in the previous quarter. The Fannie Mae Home Price Index (FNM-HPI) showed a 1.4% quarterly increase on both seasonally adjusted and non-seasonally adjusted basis.
The FNM-HPI is a national, repeat-transaction index that measures average quarterly price changes for single-family properties across the United States, excluding condos. The index, available publicly at the national level, spans from Q1 1975 to Q1 2025 and is published mid-month during the first month of each quarter.
Positive
- Sustained year-over-year home price growth of 5.2%
- Positive quarterly growth of 1.4% in Q1 2025
Negative
- Slight decline in year-over-year growth rate from 5.3% to 5.2%
News Market Reaction 1 Alert
On the day this news was published, FNMA gained 2.45%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The FNM-HPI is produced by aggregating county-level data to create both seasonally adjusted and non-seasonally adjusted national indices that are representative of the whole country and designed to serve as indicators of general single-family home price trends. The FNM-HPI is publicly available at the national level as a quarterly series with a start date of Q1 1975 and extending to the most recent quarter, Q1 2025. Fannie Mae publishes the FNM-HPI approximately mid-month during the first month of each new quarter.
The full FNM-HPI data sets and a description of the methodology are available on Fannie Mae's Research and Insights page: https://www.fanniemae.com/research-and-insights
Fannie Mae's home price estimates are based on preliminary data available as of the date of index estimation and are subject to change as additional data become available. Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae's Economic and Strategic Research (ESR) Group included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, beliefs, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, beliefs, and other views published by the ESR group represent the views of that group as of the date indicated and do not necessarily represent the views of Fannie Mae or its management.
About the ESR Group
Fannie Mae's Economic and Strategic Research Group, led by Chief Economist Mark Palim, studies current data, analyzes historical and emerging trends, and conducts surveys of consumer and mortgage lender groups to provide forecasts and analyses on the economy, housing, and mortgage markets.
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SOURCE Fannie Mae
FAQ
What is the current home price growth rate according to Fannie Mae (FNMA) in Q1 2025?
How much did FNMA report quarterly home prices increased in Q1 2025?
What is the Fannie Mae Home Price Index (FNM-HPI) and what does it measure?
How often does FNMA release its Home Price Index updates?
