U.S. single-family home prices rose 0.1% in March, the Federal Housing Finance Agency reported, reversing a downward-revised 0.1% drop the month before.
The Federal Housing Finance Agency reported a 0.1% monthly gain in March, with prices up 1.7% over the past year
Phillip Spears / Getty Images
U.S. single-family home prices rose 0.1% in March, the Federal Housing Finance Agency reported, reversing a downward-revised 0.1% drop the month before.
Year over year, the 12-month period ending in March brought a 1.7% price increase. For the first quarter of 2026, prices climbed 0.5% from the fourth quarter of 2025, and 1.7% compared with the same period a year earlier, the FHFA said.
Home prices have posted positive annual appreciation every quarter since the start of 2012, according to the agency.
Among U.S. states, prices rose in 42 of 50 over the past year. Illinois led all states with 7.3% annual appreciation, followed by Alaska at 5.5% and Vermont at 4.9%. Colorado recorded the steepest decline, with prices falling 2.4%.
At the metro level, prices increased in 65 of the 100 largest metropolitan areas over the previous four quarters. Elgin, Illinois posted the highest annual gain at 10.8%, while Austin-Round Rock-San Marcos, Texas saw the largest drop at 6.9%.
Of the nine census divisions, seven posted annual price gains, with the East North Central region leading the way at 4.4%. The West South Central division was the only one to fall meaningfully, declining 0.7% from a year earlier.
The FHFA's flagship House Price Index uses purchase-only data from Fannie Mae and Freddie Mac, drawing on tens of millions of home sales going back to the mid-1970s. The agency plans to release its next monthly report, covering data through April 2026, on June 30.
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