All-Transactions House Price Index for Reno, NV (MSA)
ATNHPIUS39900Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
395.54
Year-over-Year Change
8.80%
Date Range
4/1/1978 - 1/1/2025
Summary
The All-Transactions House Price Index for Reno, NV (MSA) tracks changes in single-family home prices in the Reno metropolitan area. This measure is critical for analyzing regional housing market trends and informing real estate and 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 is a quality-adjusted measure of single-family home sale prices. It serves as an important indicator of housing affordability and cost-of-living changes in the Reno, Nevada metropolitan statistical area (MSA).
Methodology
The data is collected through surveys of real estate transactions and calculated using a repeat-sales methodology.
Historical Context
This index provides valuable insights for policymakers, real estate professionals, and consumers tracking housing market conditions.
Key Facts
- The Reno MSA covers Washoe and Storey counties in Nevada.
- Home prices in Reno have risen over 60% since 2015.
- The Reno housing market is closely tied to the local economy and job market.
FAQs
Q: What does this economic trend measure?
A: The All-Transactions House Price Index for Reno, NV (MSA) tracks changes in the sale prices of single-family homes in the Reno metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This index provides critical insights into housing affordability and cost-of-living dynamics in the Reno region, which is useful for real estate professionals, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate transactions and calculated using a repeat-sales methodology.
Q: How is this trend used in economic policy?
A: The Reno housing price index informs policy decisions related to regional economic development, urban planning, and cost-of-living adjustments.
Q: Are there update delays or limitations?
A: The index is updated quarterly, with a lag of several months, and may not fully capture certain housing market dynamics.
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Citation
U.S. Federal Reserve, All-Transactions House Price Index for Reno, NV (MSA) (ATNHPIUS39900Q), retrieved from FRED.