All-Transactions House Price Index for Buffalo-Cheektowaga, NY (MSA)

ATNHPIUS15380Q • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

328.90

Year-over-Year Change

25.53%

Date Range

7/1/1977 - 1/1/2025

Summary

The All-Transactions House Price Index for Buffalo-Cheektowaga, NY (MSA) measures the changes in single-family home sale prices over time in the Buffalo metropolitan area. This data helps economists and policymakers track 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 tracks the sale prices of single-family homes in the Buffalo-Cheektowaga, NY metropolitan statistical area (MSA). It is a widely used indicator of regional housing market conditions and can inform decisions around mortgage lending, construction, and urban planning.

Methodology

The data is calculated by the Federal Housing Finance Agency using sales price information from real estate transactions.

Historical Context

The house price index is used by economists, real estate analysts, and policymakers to monitor the health of regional housing markets.

Key Facts

  • The index uses 2012 as its base year with a value of 100.
  • Home prices in the Buffalo MSA have risen over 30% since 2012.
  • The Buffalo housing market is considered relatively affordable compared to other major U.S. metro areas.

FAQs

Q: What does this economic trend measure?

A: The All-Transactions House Price Index tracks changes in single-family home sale prices over time in the Buffalo-Cheektowaga, NY metropolitan area.

Q: Why is this trend relevant for users or analysts?

A: The house price index is a key indicator of regional housing market conditions that informs decisions around mortgage lending, construction, and urban planning.

Q: How is this data collected or calculated?

A: The data is calculated by the Federal Housing Finance Agency using sales price information from real estate transactions.

Q: How is this trend used in economic policy?

A: The house price index is used by economists, real estate analysts, and policymakers to monitor the health of the regional housing market.

Q: Are there update delays or limitations?

A: The index is updated quarterly with a typical 2-month publication delay.

Related Trends

Citation

U.S. Federal Reserve, All-Transactions House Price Index for Buffalo-Cheektowaga, NY (MSA) (ATNHPIUS15380Q), retrieved from FRED.