All-Transactions House Price Index for Syracuse, NY (MSA)
ATNHPIUS45060Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
308.57
Year-over-Year Change
32.22%
Date Range
10/1/1977 - 1/1/2025
Summary
The All-Transactions House Price Index for Syracuse, NY (MSA) tracks changes in the average sale price of homes in the Syracuse metropolitan area. This metric is important for economists and policymakers to monitor regional housing market trends.
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 measures the average price of single-family homes, condos, and co-ops that have been sold in the Syracuse, NY metropolitan statistical area. This index provides insight into the strength and affordability of the local housing market.
Methodology
The data is collected and calculated by the U.S. Federal Housing Finance Agency.
Historical Context
The index is used by analysts to assess the health of the regional economy and guide housing and development policies.
Key Facts
- The Syracuse metro area covers Onondaga, Madison, and Oswego counties.
- Home prices in Syracuse rose 6.2% year-over-year as of the latest data.
- The index is published quarterly with a short 1-2 month lag.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Syracuse, NY (MSA) tracks the average sale price of single-family homes, condos, and co-ops in the Syracuse metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insight into the affordability and strength of the regional housing market, which is a key driver of the local economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Housing Finance Agency.
Q: How is this trend used in economic policy?
A: The index is used by economists, real estate analysts, and policymakers to assess housing market conditions and guide housing and development policies in the Syracuse metro area.
Q: Are there update delays or limitations?
A: The index is published quarterly with a short 1-2 month lag, providing timely data on housing price trends in the region.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Syracuse, NY (MSA) (ATNHPIUS45060Q), retrieved from FRED.