All-Transactions House Price Index for Scranton-Wilkes-Barre, PA (MSA)
ATNHPIUS42540Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
307.02
Year-over-Year Change
32.06%
Date Range
7/1/1983 - 1/1/2025
Summary
The All-Transactions House Price Index for Scranton-Wilkes-Barre, PA (MSA) tracks changes in single-family home values within the Scranton-Wilkes-Barre metropolitan area. It is an important indicator of the local housing market and economic conditions.
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 change in prices paid for single-family homes in the Scranton-Wilkes-Barre, PA metropolitan statistical area. It is a useful tool for analyzing trends in the local real estate market and evaluating the overall health of the regional economy.
Methodology
The data is collected and calculated by the Federal Housing Finance Agency.
Historical Context
This index is closely monitored by policymakers, real estate professionals, and economic analysts to assess regional housing activity and its broader economic implications.
Key Facts
- The index is based on repeat sales or refinancing of the same properties.
- Scranton-Wilkes-Barre is a metropolitan area in northeastern Pennsylvania.
- Home prices are a key indicator of economic activity and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Scranton-Wilkes-Barre, PA (MSA) tracks changes in single-family home values within the local metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of the regional housing market and broader economic conditions, providing valuable insights for policymakers, real estate professionals, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal Housing Finance Agency.
Q: How is this trend used in economic policy?
A: This index is closely monitored to assess regional housing activity and its implications for the local economy.
Q: Are there update delays or limitations?
A: The index is updated quarterly, and there may be lags in the reporting of some housing transactions.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Scranton-Wilkes-Barre, PA (MSA) (ATNHPIUS42540Q), retrieved from FRED.