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A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
House prices rose 0.3% on a month-on-month basis after gaining 0.2% in July, the Federal Housing Finance Agency said on Tuesday. They increased 4.2% in the 12 months through August after an ...
The Federal Housing Finance Agency (FHFA) is an independent federal agency in the United States created as the successor regulatory agency of the Federal Housing Finance Board (FHFB), the Office of Federal Housing Enterprise Oversight (OFHEO), and the U.S. Department of Housing and Urban Development government-sponsored enterprise mission team, [3] absorbing the powers and regulatory authority ...
Nationally, many economists call for home prices to rise between 2% and 4% next year, around historical averages. But the strength of the housing market is likely to vary heavily by location.
House prices rose 0.2% month-on-month after being unchanged in March, the Federal Housing Finance Agency said on Tuesday. In the 12 months through April house prices increased 6.3% after advancing ...
Loan limits may increase each year based on the year-over-year percentage change in the FHFA House Price Index (FHFA HPI) as calculated during the third quarter of the year using the nominal, seasonally adjusted, expanded-data version of the FHFA HPI. [5]
Prices hit a new all-time high in June 2024, with the median sale price for an existing home reaching $426,900, according to the National Association of Realtors (NAR). July’s median price was ...