Purchase Only House Price Index for the West South Central Census Division
Index 1991:Q1=100, Quarterly, Seasonally Adjusted
PONHPI10500Q226S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
423.10
Year-over-Year Change
11.26%
Date Range
1/1/1991 - 1/1/2025
Summary
The Index of Housing Prices measures changes in U.S. residential real estate values over time. This metric is closely watched by economists and policymakers as a key indicator of economic and financial 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 Index of Housing Prices, also known as the Purchase-Only House Price Index, tracks the average change in prices paid for single-family homes in the United States. It serves as an important barometer for the health of the housing market and broader economy.
Methodology
The data is calculated by the Federal Housing Finance Agency using a weighted, repeat-sales methodology.
Historical Context
This index is a critical input for monetary and fiscal policy decisions affecting the housing and mortgage markets.
Key Facts
- Quarterly, seasonally adjusted data with a base of 1991:Q1=100.
- The index reached an all-time high of 290.36 in 2022:Q1.
- Tracking this metric helps assess consumer wealth and spending power.
FAQs
Q: What does this economic trend measure?
A: The Index of Housing Prices measures changes in the average price of single-family homes across the United States over time.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of housing market conditions and consumer wealth, making it highly relevant for economists, policymakers, and real estate market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Housing Finance Agency using a weighted, repeat-sales methodology.
Q: How is this trend used in economic policy?
A: The Index of Housing Prices is a critical input for monetary and fiscal policy decisions affecting the housing and mortgage markets.
Q: Are there update delays or limitations?
A: The index is released on a quarterly basis with a brief lag, providing timely data on U.S. housing price trends.
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Citation
U.S. Federal Reserve, Index 1991:Q1=100, Quarterly, Seasonally Adjusted (PONHPI10500Q226S), retrieved from FRED.