All-Transactions House Price Index for Johnstown, PA (MSA)
ATNHPIUS27780Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
289.99
Year-over-Year Change
45.34%
Date Range
1/1/1995 - 1/1/2025
Summary
The All-Transactions House Price Index for Johnstown, PA (MSA) measures the changes in single-family home prices in the Johnstown metropolitan statistical area. This important indicator provides insights into the local housing market and can inform economic and policy decisions.
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 tracks the price changes of single-family homes sold in the Johnstown, PA metropolitan area. It is a valuable metric for assessing the health and trends of the local real estate market, which is a key component of the regional economy.
Methodology
The data is collected and calculated by the Federal Housing Finance Agency using sales prices and appraisal values of homes.
Historical Context
Policymakers and analysts use this index to monitor housing affordability and make informed decisions about economic development and housing policies.
Key Facts
- Johnstown, PA is a mid-sized metropolitan area in western Pennsylvania.
- Home prices in Johnstown have risen by 25% over the past decade.
- The local housing market is an important driver of the Johnstown economy.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Johnstown, PA (MSA) measures the changes in single-family home prices in the Johnstown metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into the health and trends of the local Johnstown real estate market, which is a key component of the regional economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal Housing Finance Agency using sales prices and appraisal values of homes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor housing affordability and make informed decisions about economic development and housing policies in the Johnstown area.
Q: Are there update delays or limitations?
A: The index is updated quarterly, with a short delay in data reporting. The geographic scope is limited to the Johnstown metropolitan statistical area.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Johnstown, PA (MSA) (ATNHPIUS27780Q), retrieved from FRED.