Get the May 2025 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 2025 Home Price Index Report.

Inside this Month's Report

“After decelerating for 16 straight months, national house prices stabilized in May at 2.1 percent," said Mark Fleming, chief economist at First American. “Rising mortgage rates in April and May reduced affordability, tempering demand while the supply of homes for sale increased, dragging annual appreciation to the slowest pace since 2012. Slower national price appreciation helps household incomes offset some of the impact of still-elevated mortgage rates on affordability, which is good news for potential buyers.”

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