All-Transactions House Price Index for Lansing-East Lansing, MI (MSA)
ATNHPIUS29620Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
275.14
Year-over-Year Change
23.94%
Date Range
1/1/1978 - 1/1/2025
Summary
The All-Transactions House Price Index for Lansing-East Lansing, MI (MSA) measures the changes in single-family home sale prices in the Lansing metropolitan area. This index is a key indicator of local housing market trends and can inform policymakers and real estate professionals.
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 sale prices of single-family homes in the Lansing-East Lansing, MI metropolitan statistical area (MSA). This index is used to analyze the state of the local housing market and can provide insights into broader economic conditions.
Methodology
The data is collected through surveys of home sales and calculated using a weighted repeat-sales methodology.
Historical Context
The index is used by economists, policymakers, and real estate professionals to monitor housing market conditions and inform decisions.
Key Facts
- The index is published quarterly by the Federal Reserve.
- Lansing-East Lansing is the largest metropolitan area in Michigan.
- House prices in the region have risen by over 30% in the past decade.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Lansing-East Lansing, MI (MSA) measures the changes in single-family home sale prices in the Lansing metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of local housing market trends and can inform policymakers, real estate professionals, and others interested in the state of the Lansing-East Lansing housing market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of home sales and calculated using a weighted repeat-sales methodology.
Q: How is this trend used in economic policy?
A: The index is used by economists, policymakers, and real estate professionals to monitor housing market conditions and inform decisions.
Q: Are there update delays or limitations?
A: The index is published quarterly, so there may be a short delay in the most recent data.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Lansing-East Lansing, MI (MSA) (ATNHPIUS29620Q), retrieved from FRED.