All-Transactions House Price Index for Arizona
AZSTHPI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
722.65
Year-over-Year Change
12.98%
Date Range
1/1/1975 - 1/1/2025
Summary
The All-Transactions House Price Index for Arizona tracks changes in single-family home prices across the state. This key real estate metric is closely watched by economists and policymakers to gauge housing market trends and consumer purchasing power.
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 for Arizona, published by the Federal Housing Finance Agency, measures the average change in home sale prices over time, adjusted for inflation. It is a widely used indicator of housing affordability and the overall health of the state's real estate sector.
Methodology
The index is calculated using sales prices and appraisal data from conforming, conventional mortgages purchased or securitized by Fannie Mae and Freddie Mac.
Historical Context
The Arizona house price index is a valuable tool for assessing the impact of economic and housing policies on consumer behavior and regional market dynamics.
Key Facts
- Arizona home prices have risen over 30% in the past 5 years.
- Phoenix is one of the fastest-growing housing markets in the U.S.
- The index is published quarterly with a 2-month lag.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Arizona measures the average change in sale prices of single-family homes across the state over time.
Q: Why is this trend relevant for users or analysts?
A: The Arizona house price index is a key indicator of housing affordability and the overall health of the state's real estate sector, providing valuable insights for economists, policymakers, and real estate professionals.
Q: How is this data collected or calculated?
A: The index is calculated using sales prices and appraisal data from conforming, conventional mortgages purchased or securitized by Fannie Mae and Freddie Mac.
Q: How is this trend used in economic policy?
A: The Arizona house price index is closely monitored by policymakers to assess the impact of economic and housing policies on consumer behavior and regional market dynamics.
Q: Are there update delays or limitations?
A: The index is published quarterly with a 2-month lag, and may not capture all housing transactions or reflect regional variations within the state.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Arizona (AZSTHPI), retrieved from FRED.