All-Transactions House Price Index for Phoenix-Mesa-Chandler, AZ (MSA)

ATNHPIUS38060Q • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

512.17

Year-over-Year Change

11.93%

Date Range

4/1/1977 - 1/1/2025

Summary

The All-Transactions House Price Index for Phoenix-Mesa-Chandler, AZ (MSA) tracks changes in the average price of single-family homes in the Phoenix metropolitan area. This metric is a key indicator of regional housing market trends and can inform economic 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 price of residential real estate transactions in the Phoenix-Mesa-Chandler, AZ metropolitan statistical area. It is a valuable tool for analyzing local housing market dynamics and assessing the economic health of the region.

Methodology

The data is collected and calculated by the U.S. Federal Housing Finance Agency.

Historical Context

This index is closely monitored by policymakers, investors, and real estate analysts to gauge the strength of the Phoenix housing market and its broader economic implications.

Key Facts

  • The index is measured on a scale where 100 represents the average price in the base year of 1995.
  • Phoenix home prices have increased by over 200% since the mid-1990s.
  • The index reached an all-time high in 2022, indicating strong housing demand in the region.

FAQs

Q: What does this economic trend measure?

A: The All-Transactions House Price Index for Phoenix-Mesa-Chandler, AZ (MSA) tracks the average price of single-family home sales in the Phoenix metropolitan area.

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

A: This index provides insight into the strength of the Phoenix housing market and the broader economic conditions of the region, which is valuable information for policymakers, investors, and real estate professionals.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Housing Finance Agency.

Q: How is this trend used in economic policy?

A: Policymakers and economists closely monitor this index to assess the health of the regional housing market and its impact on the broader economy, which can inform policy decisions.

Q: Are there update delays or limitations?

A: The All-Transactions House Price Index for Phoenix-Mesa-Chandler, AZ (MSA) is updated quarterly, with a typical delay of a few months from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, All-Transactions House Price Index for Phoenix-Mesa-Chandler, AZ (MSA) (ATNHPIUS38060Q), retrieved from FRED.