FX.co ★ U.S. House Price Index Edges Back Into Growth in March After February Dip

U.S. house prices returned to modest growth in March 2026, with the House Price Index (HPI) rising 0.1% month-over-month, according to data updated on 26 May 2026. The move marks a turnaround from February 2026, when the index slipped 0.1% compared with January, signaling a brief pause in the housing market’s upward momentum.

On a month-over-month basis, the latest reading suggests that price dynamics have stabilized, with March’s small gain offsetting February’s minor decline. While the shift from -0.1% to 0.1% is marginal, it indicates that downward pressure on prices has eased and that demand and supply conditions may be finding a new balance.

The comparison framework shows that “Actual” reflects the change in March relative to February, while the “Previous” figure captured February’s movement versus January. Together, the two consecutive readings point to a housing market that is neither surging nor contracting sharply, but instead moving through a period of cautious, incremental adjustment.