All-Transactions House Price Index for Lake County-Kenosha County, IL-WI (MSAD)
ATNHPIUS29404Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
233.68
Year-over-Year Change
27.68%
Date Range
4/1/1978 - 1/1/2025
Summary
The All-Transactions House Price Index for Lake County-Kenosha County, IL-WI (MSAD) tracks changes in the average sale price of single-family homes in this metropolitan statistical area over time. It is an important indicator of local housing market trends and real estate values.
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 of single-family homes sold in the Lake County-Kenosha County, IL-WI metropolitan statistical area. This data is used by economists, policymakers, and real estate analysts to monitor housing affordability and market conditions in the region.
Methodology
The index is calculated based on home sales data collected by the Federal Housing Finance Agency.
Historical Context
The All-Transactions House Price Index provides insights into the state of the local housing market, which is a key factor in economic and community development policies.
Key Facts
- The index uses 2012 as the base year with a value of 100.
- House prices in the region have increased by over 40% since 2012.
- The index reached an all-time high in the fourth quarter of 2022.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Lake County-Kenosha County, IL-WI tracks changes in the average sale price of single-family homes in this metropolitan area over time.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the local housing market, which is a key factor in economic and community development policies.
Q: How is this data collected or calculated?
A: The index is calculated based on home sales data collected by the Federal Housing Finance Agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the All-Transactions House Price Index to monitor housing affordability and market conditions, which inform decisions on economic and community development policies.
Q: Are there update delays or limitations?
A: The index is published quarterly, with a typical release lag of around 2 months after the end of the reference period.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Lake County-Kenosha County, IL-WI (MSAD) (ATNHPIUS29404Q), retrieved from FRED.