All-Transactions House Price Index for Erie, PA (MSA)
ATNHPIUS21500Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
270.57
Year-over-Year Change
25.43%
Date Range
7/1/1984 - 1/1/2025
Summary
The All-Transactions House Price Index for Erie, PA (MSA) measures the changes in single-family home prices in the Erie metropolitan area. It is an important indicator of local housing market trends and affordability.
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 Erie, PA metropolitan statistical area. It is used by economists, policymakers, and real estate analysts to assess the health and direction of the local housing market.
Methodology
The index is calculated using sales prices from real estate transactions in the Erie MSA.
Historical Context
The index helps inform decisions around economic and housing policy at the local and regional level.
Key Facts
- The Erie MSA covers Erie County, Pennsylvania.
- House prices in Erie have risen by 20% over the past 5 years.
- The index is published quarterly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Erie, PA (MSA) measures changes in single-family home sale prices within the Erie metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: The index provides valuable insights into the state of the local housing market, which is a key driver of economic activity and household wealth.
Q: How is this data collected or calculated?
A: The index is calculated using sales prices from real estate transactions in the Erie MSA.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the index to inform decisions around housing, economic development, and cost-of-living policies at the local and regional level.
Q: Are there update delays or limitations?
A: The index is published quarterly, so there may be a several-month delay between the reference period and the data release.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Erie, PA (MSA) (ATNHPIUS21500Q), retrieved from FRED.