FHFA Says Home Prices Up 2.2% Year-Over-Year in September

“Opportunities come infrequently. When it rains gold, put out the bucket.” — Warren Buffett

According to the Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 2.2% between Q3 2024 and the
Q3 2025. House prices for Q3 2025 rose 0.2% compared to Q2 2025. FHFA’s seasonally adjusted monthly index for September remained unchanged from August. 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.