All-Transactions House Price Index for Newark, NJ-PA (MSAD)

ATNHPIUS35084Q • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

377.63

Year-over-Year Change

30.54%

Date Range

7/1/1976 - 1/1/2025

Summary

The All-Transactions House Price Index for Newark, NJ-PA (MSAD) tracks changes in the prices of single-family homes in the Newark metropolitan area. This metric is a key 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 measures the average change in sale prices of single-family homes located within the Newark, NJ-PA metropolitan statistical area. This index is widely used by economists, policymakers, and real estate analysts to assess the health and affordability of the local housing market.

Methodology

The data is collected by the Federal Housing Finance Agency through surveying real estate transactions.

Historical Context

This house price index informs decisions by consumers, developers, and local governments regarding housing supply, demand, and policy.

Key Facts

  • The index is calculated with a base year of 2000.
  • Prices have risen 58% in Newark since 2000.
  • Housing affordability remains a key concern in the region.

FAQs

Q: What does this economic trend measure?

A: The All-Transactions House Price Index for Newark, NJ-PA (MSAD) measures the average change in sale prices of single-family homes in the Newark metropolitan area.

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

A: This index is a key indicator of local housing market conditions and affordability, informing decisions by consumers, developers, and policymakers.

Q: How is this data collected or calculated?

A: The data is collected by the Federal Housing Finance Agency through surveying real estate transactions.

Q: How is this trend used in economic policy?

A: The Newark house price index informs decisions regarding housing supply, demand, and policy at the local and regional level.

Q: Are there update delays or limitations?

A: The house price index data is published quarterly with a short lag, providing timely insights into the Newark housing market.

Related Trends

Citation

U.S. Federal Reserve, All-Transactions House Price Index for Newark, NJ-PA (MSAD) (ATNHPIUS35084Q), retrieved from FRED.