All-Transactions House Price Index for Myrtle Beach-Conway-North Myrtle Beach, SC-NC (MSA)
ATNHPIUS34820Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
377.43
Year-over-Year Change
28.12%
Date Range
1/1/1987 - 1/1/2025
Summary
The All-Transactions House Price Index for Myrtle Beach-Conway-North Myrtle Beach, SC-NC (MSA) tracks changes in home sale prices across the metropolitan area. This metric is crucial for analyzing regional real estate trends and informing housing policy decisions.
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 change in home sale prices over time within a specific metropolitan statistical area (MSA). It provides a comprehensive view of price movements for both new and existing single-family homes, townhouses, and condominiums.
Methodology
The data is collected through surveys of real estate transactions and then calculated using a weighted repeat-sales methodology.
Historical Context
Policymakers and market analysts closely monitor this index to assess the health and affordability of the regional housing market.
Key Facts
- The index uses 2012 as the base year with a value of 100.
- Myrtle Beach is a popular tourist destination and retirement community.
- Home prices in the Myrtle Beach MSA have risen significantly in recent years.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Myrtle Beach-Conway-North Myrtle Beach, SC-NC (MSA) tracks changes in home sale prices across the metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for analyzing regional real estate trends and informing housing policy decisions, as it provides a comprehensive view of price movements for both new and existing single-family homes, townhouses, and condominiums.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate transactions and then calculated using a weighted repeat-sales methodology.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this index to assess the health and affordability of the regional housing market.
Q: Are there update delays or limitations?
A: The index is updated quarterly, and there may be some delays in the reporting of certain transactions.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Myrtle Beach-Conway-North Myrtle Beach, SC-NC (MSA) (ATNHPIUS34820Q), retrieved from FRED.