All-Transactions House Price Index for Virginia
VASTHPI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
747.19
Year-over-Year Change
24.60%
Date Range
1/1/1975 - 1/1/2025
Summary
The All-Transactions House Price Index for Virginia tracks changes in the average sale price of single-family homes across the state. This metric is a key indicator of the Virginia housing market and helps policymakers and economists monitor trends in home values.
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 for Virginia is a seasonally adjusted measure of the average price for single-family home sales. It is based on data from repeat sales and refinancings on the same properties, which helps control for changes in the quality of homes sold.
Methodology
The index is calculated by the Federal Housing Finance Agency using sales and mortgage data.
Historical Context
The Virginia house price index is closely watched by real estate analysts and policymakers to assess housing affordability and the broader state economy.
Key Facts
- Virginia ranked 12th nationally for house price appreciation in 2022.
- Home prices in Virginia have risen over 40% since 2016.
- The Virginia house price index reached a record high in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Virginia tracks the average sale price of single-family homes across the state, adjusting for changes in the quality of homes sold.
Q: Why is this trend relevant for users or analysts?
A: The Virginia house price index is a key indicator of the health of the state's housing market and a measure of affordability that is closely watched by real estate professionals, policymakers, and economists.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Housing Finance Agency using data from home sales and mortgage refinancings.
Q: How is this trend used in economic policy?
A: The Virginia house price index informs policy decisions related to housing affordability, mortgage markets, and broader economic conditions in the state.
Q: Are there update delays or limitations?
A: The All-Transactions House Price Index for Virginia is updated quarterly with a short lag, providing timely data on home price trends in the state.
Related Trends
All-Transactions House Price Index for Jackson, MS (MSA)
ATNHPIUS27140Q
All-Transactions House Price Index for Madera-Chowchilla, CA (MSA)
ATNHPIUS31460Q
All-Transactions House Price Index for Blacksburg-Christiansburg, VA (MSA)
ATNHPIUS13980Q
Home Price Index (Low Tier) for Tampa, Florida
TPXRLTSA
All-Transactions House Price Index for Fort Worth-Arlington-Grapevine, TX (MSAD)
ATNHPIUS23104Q
All-Transactions House Price Index for Palm Bay-Melbourne-Titusville, FL (MSA)
ATNHPIUS37340Q
Citation
U.S. Federal Reserve, All-Transactions House Price Index for Virginia (VASTHPI), retrieved from FRED.