# House Price Index — Michigan (all-transactions, NSA)

House Price Index — Michigan (all-transactions, NSA) was up 4.6% year on year in Q2 2026, compared with 5.0% in Q1 2026.
The level stood at 584.9 (index 1980Q1=100).
That is the lowest reading since Q2 2020.
Over the past ten years it has ranged from 4.0% (Q2 2020) to 17.2% (Q2 2022), averaging 7.4%.

- Source agency: U.S. Federal Housing Finance Agency
- Makrognosis code: `US-MI.HPI.Q.NSA`
- Frequency: quarterly
- Units: index 1980Q1=100
- Coverage: 1975-01-01 to 2026-04-01 (206 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/house-price-index-michigan

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 584.9 | 4.6 |
| Q1 2026 | 573.5 | 5.0 |
| Q4 2025 | 569.3 | 5.7 |
| Q3 2025 | 566.4 | 5.1 |
| Q2 2025 | 559.2 | 5.2 |
| Q1 2025 | 546.1 | 6.7 |
| Q4 2024 | 538.6 | 6.5 |
| Q3 2024 | 538.9 | 6.8 |
| Q2 2024 | 531.5 | 7.2 |
| Q1 2024 | 511.7 | 8.4 |
| Q4 2023 | 505.7 | 7.7 |
| Q3 2023 | 504.4 | 6.0 |
| Q2 2023 | 495.8 | 5.3 |
| Q1 2023 | 472.3 | 6.5 |
| Q4 2022 | 469.6 | 8.8 |
| Q3 2022 | 475.7 | 12.6 |
| Q2 2022 | 470.8 | 17.2 |
| Q1 2022 | 443.3 | 16.5 |
| Q4 2021 | 431.7 | 15.8 |
| Q3 2021 | 422.5 | 15.7 |
| Q2 2021 | 401.7 | 12.5 |
| Q1 2021 | 380.6 | 7.7 |
| Q4 2020 | 372.7 | 6.4 |
| Q3 2020 | 365.1 | 5.0 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US-MI.HPI.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US-MI.HPI.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```