All-Transactions House Price Index for Akron, OH (MSA)
ATNHPIUS10420Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
257.62
Year-over-Year Change
24.85%
Date Range
7/1/1976 - 1/1/2025
Summary
The All-Transactions House Price Index for Akron, OH (MSA) tracks changes in the average sales price of single-family homes in the Akron metropolitan area. This metric is a key indicator of local housing market conditions and housing affordability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The All-Transactions House Price Index measures the average price at which single-family homes are sold in a given metropolitan area. It serves as an important barometer of housing market trends and is widely used by economists, policymakers, and real estate professionals to assess regional housing affordability and dynamics.
Methodology
The data is collected through surveys of real estate transactions and compiled by the Federal Housing Finance Agency.
Historical Context
Trends in the Akron house price index are closely monitored by local officials and market analysts to gauge the health of the regional economy and housing market.
Key Facts
- The index is measured quarterly with a base year of 2000.
- House prices in Akron have risen by over 50% since 2000.
- The Akron metro area has a population of around 700,000 people.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Akron, OH (MSA) measures the average sales price of single-family homes in the Akron metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of local housing market conditions and affordability, providing valuable insights for real estate professionals, policymakers, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate transactions and compiled by the Federal Housing Finance Agency.
Q: How is this trend used in economic policy?
A: Trends in the Akron house price index are closely monitored by local officials and market analysts to gauge the health of the regional economy and housing market.
Q: Are there update delays or limitations?
A: The index is published quarterly, with a slight delay in data availability.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Akron, OH (MSA) (ATNHPIUS10420Q), retrieved from FRED.