National Market Index Update:
HPI/CPI at 1.03245 – March 25, 2025 Housing Trends

March 25, 2025: National Market Index Update – HPI/CPI Reaches 1.03245

The National Market Index has released its latest update, with the Home Price Index Adjusted for Inflation (HPI/CPI) registering at 1.03245 as of March 25, 2025. Revised on the same date, this figure provides a critical perspective on the current state of the U.S. housing market, reflecting a period of stabilization following years of post-pandemic fluctuations. This update offers a clear view of national housing trends, capturing shifts in affordability and inflation-adjusted home values.

Tracking over a century of data, the HPI/CPI illustrates the housing market’s performance across significant economic cycles, including recessions and corrections. As of March 2025, the index stands at 1.03245, with January’s value recorded at 31.4% above the long-term average for that month. This elevation underscores the sustained influence of inflationary pressures and evolving demand dynamics on a national scale, offering valuable context for understanding the market’s current trajectory.

Comparing the ongoing market correction, which began in May 2022 when the index peaked at 1.0412, to the 2008 financial crisis reveals notable resilience. Thirty-two months into the current cycle, the decline from that peak has been markedly less severe than the 35.23% drop experienced during the 2008 downturn. By March 2025, the HPI/CPI’s position at 1.03245 highlights a housing market that has adapted to economic challenges with greater stability than in past crises.

From January 2020, when the index was 0.8299, the HPI/CPI has followed a consistent upward trend, culminating in the current value of 1.03245—a 24.2% increase over five years. In 2024, the index fluctuated modestly, ranging from a low of 1.0202 in April to a high of 1.0269 by December, with the year’s cumulative value sitting 27.8% above the historical average. This trajectory reflects a national market balancing steady growth with periodic adjustments, indicative of a maturing post-pandemic economy.

For stakeholders across the real estate sector—buyers, sellers, and investors—this updated HPI/CPI data provides an essential tool for decision-making. It encapsulates the interplay of historical resilience and contemporary economic factors, offering a foundation for anticipating future market movements. As affordability remains a key concern, this comprehensive national dataset, curated by Team Price Real Estate, serves as a critical resource for navigating the evolving housing landscape and shaping informed strategies
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