Purchase Only House Price Index for the East North Central Census Division

PONHPI00106M226S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

365.89

Year-over-Year Change

4.61%

Date Range

1/1/1991 - 6/1/2025

Summary

The Purchase Only House Price Index for the East North Central Census Division measures the change in home prices in this Midwest U.S. region. It 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 Purchase Only House Price Index tracks price changes for single-family homes purchased with conventional mortgages, excluding refinancings. This regional index is one of several similar measures used to analyze trends in the U.S. housing market.

Methodology

The data is collected and calculated by the Federal Housing Finance Agency (FHFA).

Historical Context

The index can provide insights for policymakers, real estate investors, and market analysts tracking Midwest housing conditions.

Key Facts

  • Covers the 5-state East North Central Census Division.
  • Measured on a scale with a baseline of 100 in January 1991.
  • Reached a record high in 2022, indicating rapid price growth.

FAQs

Q: What does this economic trend measure?

A: The Purchase Only House Price Index for the East North Central Census Division measures changes in single-family home prices in this Midwest U.S. region.

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

A: This regional index provides insights into housing market conditions in the Midwest, which is useful for policymakers, real estate investors, and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Federal Housing Finance Agency (FHFA).

Q: How is this trend used in economic policy?

A: The East North Central Census Division house price index can inform housing and economic policies at the regional level.

Q: Are there update delays or limitations?

A: The index is published monthly with a typical 2-month lag in data availability.

Related Trends

Citation

U.S. Federal Reserve, Purchase Only House Price Index for the East North Central Census Division (PONHPI00106M226S), retrieved from FRED.