The First American HPI is designed to measure single-family home price movements. With indexes reporting from 1980 through present day, and forecasting 12 months forward, the First American HPI is critical to understanding price trends and changing markets. Home Price Indexes are computer models that calculate the change in real estate markets over time. It shows percentage changes over time in markets. The First American HPI is updated monthly and its data set includes over 46 million paired sales.
Uncovering, evaluating, and reporting trends in the real estate market is paramount to understanding price movements, the state of the economy and assessing housing affordability. Mortgage servicers, entities holding real estate portfolios, news media, academia, and others rely upon tools like the First American® Home Price Index (HPI) to perform these activities.
HPI reports are uploaded monthly, tracking home price changes at the national, state and metropolitan (Core-Based Statistical Area) levels while providing a 12-month forecast. Our reports feature the industry's only price tier analysis that analyzes home price changes at the metro level segmented by three price tiers: starter tier, mid-tier and luxury tier.
Using the past five full years' worth of HPI data, we've created this interactive tool to help you visualize housing market value trends. Build and download trendlines comparing different regions' Home Price Indices, standardized to a common starting point in history.
A comparative visualization that highlights trends in the differences between two dimensions: median sale price and loan amount.
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