U.S. house prices rose 17.5% from the fourth quarter of 2020 to the fourth quarter of 2021 according to the Federal Housing Finance Agency House Price Index (FHFA HPI). House prices were up 3.3% compared to the third quarter of 2021. FHFA’s seasonally adjusted monthly index for December was up 1.2% from November.
“House prices continued to climb but not as rapidly during the final quarter of 2021 as in earlier quarters,” says William