Purchase Only House Price Index for the Middle Atlantic Census Division

PONHPI00102M226S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

403.89

Year-over-Year Change

7.19%

Date Range

1/1/1991 - 6/1/2025

Summary

The Purchase Only House Price Index for the Middle Atlantic Census Division measures changes in the prices of single-family homes sold in the Middle Atlantic region, which includes New York, New Jersey, and Pennsylvania. This index is a key indicator of housing market trends and can inform policymakers and analysts about regional 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 Purchase Only House Price Index tracks the change in prices of existing single-family homes that have been sold in the Middle Atlantic region. It is published monthly by the Federal Housing Finance Agency and serves as an important benchmark for evaluating housing market activity and price appreciation in the region.

Methodology

The index is calculated based on sales prices of homes financed with conventional mortgages, excluding refinances.

Historical Context

Policymakers and economists closely monitor this index to gauge housing market dynamics and their potential impact on the broader economy.

Key Facts

  • The Middle Atlantic region includes New York, New Jersey, and Pennsylvania.
  • The index is published monthly by the Federal Housing Finance Agency.
  • It tracks changes in prices of existing single-family homes sold in the region.

FAQs

Q: What does this economic trend measure?

A: The Purchase Only House Price Index for the Middle Atlantic Census Division measures changes in the prices of single-family homes sold in the Middle Atlantic region, which includes New York, New Jersey, and Pennsylvania.

Q: Why is this trend relevant for users or analysts?

A: This index is a key indicator of housing market trends and can inform policymakers and analysts about regional economic conditions in the Middle Atlantic region.

Q: How is this data collected or calculated?

A: The index is calculated based on sales prices of homes financed with conventional mortgages, excluding refinances.

Q: How is this trend used in economic policy?

A: Policymakers and economists closely monitor this index to gauge housing market dynamics and their potential impact on the broader economy in the Middle Atlantic region.

Q: Are there update delays or limitations?

A: The index is published monthly by the Federal Housing Finance Agency, with minimal update delays.

Related Trends

Citation

U.S. Federal Reserve, Purchase Only House Price Index for the Middle Atlantic Census Division (PONHPI00102M226S), retrieved from FRED.