Purchase Only House Price Index for the New England Census Division

PONHPI00101M226S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

437.17

Year-over-Year Change

5.01%

Date Range

1/1/1991 - 6/1/2025

Summary

The Purchase Only House Price Index for the New England Census Division tracks changes in home prices in this region over time, providing important insights into the local housing market and broader economic trends.

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

This index measures the purchase-only, seasonally adjusted changes in the prices of single-family homes in the New England Census Division, which includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. It serves as a key indicator for understanding regional housing market dynamics and consumer purchasing power.

Methodology

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

Historical Context

This housing price index is used by policymakers, economists, and real estate analysts to monitor regional housing market conditions and assess the overall health of the economy.

Key Facts

  • The index is based on purchase prices of single-family homes.
  • It covers the 6 states in the New England Census Division.
  • The index is seasonally adjusted to account for typical market fluctuations.

FAQs

Q: What does this economic trend measure?

A: The Purchase Only House Price Index for the New England Census Division measures changes in the purchase prices of single-family homes in the 6-state New England region over time.

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

A: This regional housing price index provides important insights into the strength of the local housing market and consumer purchasing power, which are key indicators of broader economic conditions.

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, economists, and real estate analysts use this index to monitor regional housing market conditions and assess the overall health of the economy.

Q: Are there update delays or limitations?

A: The index is published monthly, with a typical 2-month delay from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Purchase Only House Price Index for the New England Census Division (PONHPI00101M226S), retrieved from FRED.