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Get the May 2024 Home Price Index Report

Gain insights into market changes with accelerated access to the prior month's data. Fill out the form to download your copy of the First American Data & Analytics May 2024 Home Price Index Report.

Inside this Month's Report

Our chief economist Mark Fleming says: "The normalization of house price appreciation is the result of ‘higher-for-longer’ mortgage rates reducing affordability and slowing demand, but it’s also driven by the increase in the number of homes for sale. The longer we go with higher rates, the less the rate lock-in effect constrains sellers because moving decisions continue to happen regardless of mortgage rates due to the ‘Five D’s’ of life events – diapers, diplomas, divorce, downsizing, and death.”



Request the May HPI Report

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