Houston-The Woodlands-Sugar Land Home Prices Up 1.7% Year Over Year in January, According to First American Data & Analytics Monthly Home Price Index Report
First American Data & Analytics released its January 2025 Home Price Index (HPI) report, showing the Houston-The Woodlands-Sugar Land market experienced a 1.7% year-over-year price increase. The national house price growth slowed to its lowest pace since June 2023, with a 3.3% year-over-year increase.
In the Houston metro area, price growth varied across segments: starter homes rose 0.7%, mid-tier increased 1.9%, and luxury homes showed the strongest growth at 4.7%. This trend reflects a broader pattern where luxury homes outperformed other segments in 25 of 28 tracked markets.
The report highlighted significant variations across major markets. St. Louis and Cambridge, Mass. led with the highest year-over-year increases at 4.6%, while Oakland, Calif. and Tampa, Fla. showed the largest decreases at -3.8%. Chief Economist Mark Fleming attributes the slowdown to elevated mortgage rates reducing buying power and increasing inventory levels.
First American Data & Analytics ha pubblicato il suo rapporto sull'Home Price Index (HPI) di gennaio 2025, rivelando che il mercato di Houston-The Woodlands-Sugar Land ha registrato un aumento dei prezzi del 1,7% rispetto all'anno precedente. La crescita dei prezzi delle case a livello nazionale è rallentata al ritmo più basso da giugno 2023, con un aumento del 3,3% rispetto all'anno precedente.
Nell'area metropolitana di Houston, la crescita dei prezzi è variata tra i segmenti: le case per principianti sono aumentate dello 0,7%, quelle di fascia media dell'1,9% e le case di lusso hanno mostrato la crescita più forte al 4,7%. Questa tendenza riflette un modello più ampio in cui le case di lusso hanno sovraperformato gli altri segmenti in 25 dei 28 mercati monitorati.
Il rapporto ha evidenziato significative variazioni tra i principali mercati. St. Louis e Cambridge, Mass. hanno guidato con i più alti aumenti anno su anno al 4,6%, mentre Oakland, Calif. e Tampa, Fla. hanno mostrato i maggiori cali al -3,8%. Il Chief Economist Mark Fleming attribuisce il rallentamento ai tassi ipotecari elevati che riducono il potere d'acquisto e aumentano i livelli di inventario.
First American Data & Analytics publicó su informe del índice de precios de vivienda (HPI) de enero de 2025, mostrando que el mercado de Houston-The Woodlands-Sugar Land experimentó un aumento de precios del 1.7% interanual. El crecimiento del precio de las casas a nivel nacional se desaceleró a su ritmo más bajo desde junio de 2023, con un aumento del 3.3% interanual.
En el área metropolitana de Houston, el crecimiento de precios varió entre segmentos: las casas de inicio aumentaron un 0.7%, las de nivel medio un 1.9%, y las casas de lujo mostraron el crecimiento más fuerte con un 4.7%. Esta tendencia refleja un patrón más amplio donde las casas de lujo superaron a otros segmentos en 25 de los 28 mercados rastreados.
El informe destacó variaciones significativas entre los principales mercados. St. Louis y Cambridge, Mass. lideraron con los mayores aumentos interanuales del 4.6%, mientras que Oakland, Calif. y Tampa, Fla. mostraron las mayores caídas con un -3.8%. El economista jefe Mark Fleming atribuye la desaceleración a las altas tasas hipotecarias que reducen el poder de compra y aumentan los niveles de inventario.
퍼스트 아메리칸 데이터 & 애널리틱스는 2025년 1월 주택 가격 지수(HPI) 보고서를 발표했으며, 휴스턴-더 우드랜즈-설탕 랜드 시장이 전년 대비 1.7% 가격 상승을 경험했다고 밝혔습니다. 전국 주택 가격 성장률은 2023년 6월 이후 가장 낮은 속도로 둔화되었으며, 전년 대비 3.3% 증가를 기록했습니다.
휴스턴 메트로 지역에서는 가격 상승이 세그먼트에 따라 달라졌습니다: 초급 주택은 0.7% 상승했으며, 중간 가격대 주택은 1.9% 증가했으며, 고급 주택은 4.7%로 가장 강한 성장을 보였습니다. 이 추세는 고급 주택이 28개 추적 시장 중 25개에서 다른 세그먼트를 초과 성과를 거두는 더 넓은 패턴을 반영합니다.
보고서는 주요 시장 간의 중요한 변동성을 강조했습니다. 세인트루이스와 매사추세츠주 캠브리지는 4.6%의 가장 높은 전년 대비 증가율을 기록했으며, 캘리포니아주 오클랜드와 플로리다주 탬파는 -3.8%로 가장 큰 감소를 보였습니다. 수석 경제학자 마크 플레밍은 높은 모기지 금리가 구매력을 감소시키고 재고 수준을 증가시켜 둔화를 초래했다고 설명했습니다.
First American Data & Analytics a publié son rapport sur l'indice des prix des logements (HPI) de janvier 2025, montrant que le marché de Houston-The Woodlands-Sugar Land a connu une augmentation des prix de 1,7 % par rapport à l'année précédente. La croissance des prix des maisons au niveau national a ralenti à son rythme le plus bas depuis juin 2023, avec une augmentation de 3,3 % par rapport à l'année précédente.
Dans la région métropolitaine de Houston, la croissance des prix a varié selon les segments : les maisons de première accession ont augmenté de 0,7 %, celles de milieu de gamme de 1,9 %, et les maisons de luxe ont affiché la plus forte croissance à 4,7 %. Cette tendance reflète un schéma plus large où les maisons de luxe ont surperformé les autres segments dans 25 des 28 marchés suivis.
Le rapport a souligné des variations significatives entre les principaux marchés. St. Louis et Cambridge, Mass. ont enregistré les plus fortes augmentations annuelles avec 4,6 %, tandis que Oakland, Californie et Tampa, Floride ont montré les plus fortes baisses avec -3,8 %. L'économiste en chef Mark Fleming attribue le ralentissement à des taux hypothécaires élevés qui réduisent le pouvoir d'achat et augmentent les niveaux d'inventaire.
First American Data & Analytics hat seinen Bericht zum Home Price Index (HPI) für Januar 2025 veröffentlicht, der zeigt, dass der Markt Houston-The Woodlands-Sugar Land einen Preisanstieg von 1,7% im Vergleich zum Vorjahr verzeichnete. Das nationale Wachstum der Immobilienpreise verlangsamte sich auf den niedrigsten Wert seit Juni 2023, mit einem 3,3% Anstieg im Vergleich zum Vorjahr.
Im Großraum Houston variierte das Preiswachstum je nach Segment: Starterhäuser stiegen um 0,7%, Mittelklassehäuser um 1,9% und Luxusimmobilien verzeichneten mit 4,7% das stärkste Wachstum. Dieser Trend spiegelt ein breiteres Muster wider, bei dem Luxusimmobilien in 25 von 28 überwachten Märkten besser abschnitten als andere Segmente.
Der Bericht hob bedeutende Unterschiede zwischen den großen Märkten hervor. St. Louis und Cambridge, Mass. führten mit den höchsten jährlichen Zuwächsen von 4,6%, während Oakland, Kalifornien und Tampa, Florida die größten Rückgänge mit -3,8% verzeichneten. Chefökonom Mark Fleming führt die Verlangsamung auf hohe Hypothekenzinsen zurück, die die Kaufkraft verringern und die Lagerbestände erhöhen.
- None.
- None.
National House Price Growth Sinks to Slowest Pace Since Summer 2023
—Much like the groundhog seeing its shadow, we expect the housing winter to persist in the face of elevated mortgage rates, says Chief Economist Mark Fleming—
January1 Home Price Index |
|
|
|
Metric |
Change in HPI |
December 2024-January 2025 (month over month) |
+0.2 percent |
January 2024-January 2025 (year over year) |
+1.7 percent |
National HPI |
|
Metric |
Change in HPI |
December 2024-January 2025 (month over month) |
+0.1 percent |
January 2024-January 2025 (year over year) |
+3.3 percent |
Chief Economist National HPI Analysis:
“National house price growth slipped to the slowest pace since June 2023 amid elevated mortgage rates and rising inventories,” said Mark Fleming, chief economist at First American. “Elevated mortgage rates reduce house-buying power for potential buyers, holding back demand. At the same time, inventory levels are increasing as some potential sellers list their homes for sale after coming to terms with ‘higher-for-longer’ rates and more new-home completions hit the market, further dampening price growth. Much like the groundhog seeing its shadow, we expect this ‘housing winter’ to persist if mortgage rates remain high while inventories keep climbing.”
Year-Over-Year Price-Tier Data for the
The First American Data & Analytics HPI segments home price changes at the metropolitan level into three price tiers based on local market sales data: starter tier, which represents home sales prices at the bottom third of the market price distribution; mid-tier, which represents home sales prices in the middle third of the market price distribution; and the luxury tier, which represents home sales prices in the top third of the market price distribution.
CBSA |
Starter |
Mid-Tier |
Luxury |
|
+ |
+ |
+ |
“The luxury price tier stands out as a relative outperformer when measuring annual house price growth by tier and market. Prices in the luxury tier grew in 25 of the 28 markets we tracked this month, outpacing price growth in the mid- and starter tier segments,” said Fleming. “Luxury home buyers, less affected by the lock-in effect due to their ability to pay in cash, are playing a different game. In December’s existing-home sales report, the boom in sales was most distinct at the upper end of the market as sales of homes priced at more than
January 2025 First American Data & Analytics Price Tier HPI Highlights2 |
|||
Core-Based Statistical Areas (CBSAs) Ranked by Greatest Year-Over-Year Increases in Luxury Tier HPI |
|||
CBSA |
Change in Starter Tier HPI |
Change in Mid-Tier HPI |
Change in Luxury Tier HPI |
|
+2.5 percent |
+9.1 percent |
+6.4 percent |
|
+1.2 percent |
+4.7 percent |
+6.3 percent |
|
+1.1 percent |
+3.9 percent |
+5.7 percent |
|
+1.2 percent |
+2.0 percent |
+4.8 percent |
|
+5.6 percent |
+3.9 percent |
+4.8 percent |
Additional January 2025 First American Data & Analytics HPI Highlights |
|
Core-Based Statistical Areas (CBSAs) with Greatest Year-Over-Year Increases in HPI |
|
CBSA |
Change in HPI |
|
+4.6 percent |
|
+4.6 percent |
|
+4.4 percent |
|
+4.3 percent |
|
+4.3 percent |
Core-Based Statistical Areas (CBSAs) with a Year-Over-Year Decease in HPI |
|
|
-3.8 percent |
|
-3.8 percent |
|
-1.9 percent |
|
-0.9 percent |
|
-0.6 percent |
HPI data for all 50 states and the largest 30 CBSAs by population is available here.
Visit the First American Economic Center for more research on housing market dynamics.
Next Release
The next release of the First American Data & Analytics House Price Index will take place the week of March 17, 2025.
First American Data & Analytics HPI Methodology
The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report. HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e. the preliminary result of July transactions is reported in August). The most recent index results are subject to revision as data from more transactions become available.
The HPI uses a repeat-sales methodology, which measures price changes for the same property over time using more than 46 million paired transactions to generate the indices. In non-disclosure states, the HPI utilizes a combination of public sales records, MLS sold and active listings, and appraisal data to estimate house prices. This comprehensive approach is particularly effective in areas where there is limited availability of accurate sale prices, such as non-disclosure states. Property type, price and location data are used to create more refined market segment indices. Real Estate-Owned transactions are not included.
Disclaimer
Opinions, estimates, forecasts and other views contained in this page are those of First American’s Chief Economist, do not necessarily represent the views of First American or its management, should not be construed as indicating First American’s business prospects or expected results, and are subject to change without notice. Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2025 by First American. Information from this page may be used with proper attribution.
About First American Data & Analytics
First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8.6 billion document images. Its major platforms and products include: DataTree®, FraudGuard®, RegsData®, First American TaxSource™ and ACI®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.
About First American
First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of
_________________________
1 |
The most recent index results are subject to revision as data from more transactions become available. |
|
2 |
Note: |
View source version on businesswire.com: https://www.businesswire.com/news/home/20250218440340/en/
Media Contact:
Marcus Ginnaty
Corporate Communications
First American Financial Corporation
(714) 250-3298
Investor Contact:
Craig Barberio
Investor Relations
First American Financial Corporation
(714) 250-5214
Source: First American Data & Analytics
FAQ
What was the year-over-year home price change in Houston-The Woodlands-Sugar Land for January 2025?
How did luxury home prices perform in the Houston market compared to other segments?
Which cities showed the largest home price decreases in January 2025?
What was the national home price growth rate in January 2025?
How did Houston's month-over-month home prices change from December 2024 to January 2025?
Which markets led the nation in home price appreciation for January 2025?
