S&P CoreLogic Case-Shiller NY-New York Home Price Index
NYXRSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
331.13
Year-over-Year Change
7.32%
Date Range
1/1/1987 - 5/1/2025
Summary
The S&P CoreLogic Case-Shiller NY-New York Home Price Index tracks changes in the value of residential real estate in the New York metropolitan area. It is a key indicator of the health and direction of the regional housing market.
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 Case-Shiller Index is a widely followed measure of U.S. residential real estate prices. The New York index specifically covers single-family home price movements in the New York metropolitan statistical area, providing insight into one of the largest and most influential regional housing markets.
Methodology
The index is calculated based on repeat sales of single-family homes, using a proprietary methodology to control for factors like home size and quality.
Historical Context
The Case-Shiller Index is closely watched by economists, policymakers, and real estate market participants to assess trends and inform decisions.
Key Facts
- The index is published monthly with a 2-month lag.
- New York home prices peaked in 2006 and bottomed out in 2012.
- The index reached an all-time high in 2022 amid strong housing demand.
FAQs
Q: What does this economic trend measure?
A: The S&P CoreLogic Case-Shiller NY-New York Home Price Index measures changes in the value of single-family residential real estate in the New York metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: The Case-Shiller Index is a key indicator of regional housing market conditions and is closely tracked by economists, policymakers, and real estate professionals to assess trends and inform decisions.
Q: How is this data collected or calculated?
A: The index is calculated based on repeat sales of single-family homes using a proprietary methodology to control for factors like home size and quality.
Q: How is this trend used in economic policy?
A: The Case-Shiller Index provides important insights into regional housing market dynamics that can inform policy decisions related to housing, mortgage lending, and urban development.
Q: Are there update delays or limitations?
A: The index is published monthly with a 2-month lag, and it covers only single-family home prices, not other residential property types.
Related Trends
All-Transactions House Price Index for Athens-Clarke County, GA (MSA)
ATNHPIUS12020Q
All-Transactions House Price Index for Charleston-North Charleston, SC (MSA)
ATNHPIUS16700Q
All-Transactions House Price Index for Macon-Bibb County, GA (MSA)
ATNHPIUS31420Q
All-Transactions House Price Index for Atlanta-Sandy Springs-Alpharetta, GA (MSA)
ATNHPIUS12060Q
All-Transactions House Price Index for Albuquerque, NM (MSA)
ATNHPIUS10740Q
All-Transactions House Price Index for Bremerton-Silverdale-Port Orchard, WA (MSA)
ATNHPIUS14740Q
Citation
U.S. Federal Reserve, S&P CoreLogic Case-Shiller NY-New York Home Price Index (NYXRSA), retrieved from FRED.