All-Transactions House Price Index for South Carolina
SCSTHPI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
697.65
Year-over-Year Change
28.69%
Date Range
1/1/1975 - 1/1/2025
Summary
The All-Transactions House Price Index for South Carolina measures changes in single-family home sale prices across the state. It is an important indicator of South Carolina's housing market trends and overall 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 All-Transactions House Price Index tracks the average sale price of single-family homes in South Carolina over time. This metric is used by economists, policymakers, and real estate analysts to assess housing affordability, market activity, and broader economic trends in the state.
Methodology
The index is calculated based on sales data collected from county deed records and other sources by the Federal Housing Finance Agency.
Historical Context
Housing price trends influence consumer spending, construction activity, and wealth effects that impact the broader South Carolina economy.
Key Facts
- The index is based on repeat sales of the same properties.
- South Carolina home prices rose 8.2% year-over-year as of the latest data.
- The index reached a record high in the 4th quarter of 2022.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for South Carolina measures changes in the average sale prices of single-family homes across the state over time.
Q: Why is this trend relevant for users or analysts?
A: Housing price trends are a key indicator of South Carolina's economic conditions, influencing consumer spending, construction activity, and wealth effects.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Housing Finance Agency based on sales data from county deed records and other sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess housing affordability, market activity, and broader economic trends in South Carolina.
Q: Are there update delays or limitations?
A: The index is published quarterly with a lag of several months, and may not capture all home sales across the state.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for South Carolina (SCSTHPI), retrieved from FRED.