All-Transactions House Price Index for Durham-Chapel Hill, NC (MSA)

ATNHPIUS20500Q • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

387.08

Year-over-Year Change

23.18%

Date Range

7/1/1978 - 1/1/2025

Summary

The All-Transactions House Price Index for Durham-Chapel Hill, NC (MSA) measures the average change in home prices over time within this metropolitan area. This metric is closely watched by economists and policymakers to gauge 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 average sale price of single-family homes, townhomes, and condominiums across the Durham-Chapel Hill, North Carolina metropolitan statistical area (MSA). It is a useful indicator of local housing affordability and can inform policy decisions related to real estate, urban planning, and economic development.

Methodology

The data is collected through surveys of home sales and calculated using a weighted repeat-sales methodology.

Historical Context

This regional housing price index is often referenced by analysts and policymakers to understand market conditions and support policy decisions.

Key Facts

  • The index is published quarterly by the Federal Reserve.
  • Home prices in Durham-Chapel Hill have risen over 50% since 2010.
  • The MSA covers Durham and Orange counties in North Carolina.

FAQs

Q: What does this economic trend measure?

A: The All-Transactions House Price Index measures the average change in home sale prices over time within the Durham-Chapel Hill, North Carolina metropolitan area.

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

A: This regional housing price index is closely tracked by economists, real estate professionals, and policymakers to understand local market conditions and inform decisions related to housing, urban planning, and economic development.

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 Durham-Chapel Hill house price index is referenced by analysts and policymakers to gauge local housing affordability and support policy decisions related to real estate, urban planning, and economic development.

Q: Are there update delays or limitations?

A: The index is published quarterly by the Federal Reserve, so there may be a several-month delay in the most recent data.

Related Trends

Citation

U.S. Federal Reserve, All-Transactions House Price Index for Durham-Chapel Hill, NC (MSA) (ATNHPIUS20500Q), retrieved from FRED.