Purchase Only House Price Index for the United States
Index 1991:Q1=100, Quarterly, Seasonally Adjusted
PONHPIM226S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
429.95
Year-over-Year Change
15.92%
Date Range
1/1/1991 - 1/1/2025
Summary
The Index 1991:Q1=100, Quarterly, Seasonally Adjusted series measures the quarterly percent change in the price index for owner-occupied implicit rent of primary residence. This metric is a key indicator of housing costs and inflation.
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 owner-occupied implicit rent index tracks the estimated rental value of owner-occupied housing, a crucial component of consumer price inflation. It is used by economists and policymakers to assess housing market trends and their impact on the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a rental equivalence approach.
Historical Context
This index informs Federal Reserve monetary policy decisions and is closely monitored by housing market analysts.
Key Facts
- The index is based on 1991:Q1 = 100.
- It is updated quarterly by the U.S. Bureau of Economic Analysis.
- Owner-occupied housing accounts for over 20% of the Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Index 1991:Q1=100, Quarterly, Seasonally Adjusted series measures the quarterly percent change in the price index for owner-occupied implicit rent of primary residence.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of housing costs and inflation, informing Federal Reserve monetary policy and closely monitored by housing market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a rental equivalence approach.
Q: How is this trend used in economic policy?
A: The owner-occupied implicit rent index informs Federal Reserve monetary policy decisions and is closely monitored by housing market analysts.
Q: Are there update delays or limitations?
A: The index is updated quarterly by the U.S. Bureau of Economic Analysis.
Related Trends
All-Transactions House Price Index for Eau Claire, WI (MSA)
ATNHPIUS20740Q
All-Transactions House Price Index for Birmingham-Hoover, AL (MSA)
ATNHPIUS13820Q
All-Transactions House Price Index for Omaha-Council Bluffs, NE-IA (MSA)
ATNHPIUS36540Q
All-Transactions House Price Index for Bakersfield-Delano, CA (MSA)
ATNHPIUS12540Q
All-Transactions House Price Index for Nashville-Davidson--Murfreesboro--Franklin, TN (MSA)
ATNHPIUS34980Q
All-Transactions House Price Index for Burlington, NC (MSA)
ATNHPIUS15500Q
Citation
U.S. Federal Reserve, Index 1991:Q1=100, Quarterly, Seasonally Adjusted (PONHPIM226S), retrieved from FRED.