National Home Price Index Results For May

7/26/22 – The national housing numbers for May are out and growth remained heady. Tampa, Miami, and Dallas  led the charge. We’ll see how June plays out, where higher rates definitely had an impact.

To note, the FHFA is the overseer of Fannie and Freddie Mac. This may be since this index only tracks home purchases where the underlying mortgages are within the conforming loan limits($548,250 in most of the country and $822,375 in high-cost areas) of Fannie and Freddie.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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