First American® Home Price Index (HPI)

Gain insights into price trends and market changes during any time period from 1980 to today and forecast future trends 12 months out.

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Calculate the Change in Real Estate Markets Over Time

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.

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.

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Monthly Home Price Index Reports

See our data in action and uncover trends. Located within our Insights Center, the monthly First American HPI report tracks home price changes at the national, state, and metropolitan (Core-Based Statistical Area) levels and includes a 12-month forecast. It also includes 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.

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Features of the First American HPI

Go deeper with your research and discover new insights. Users of the First American HPI gain access to national, state, core-based statistical areas (CBSA), County, and Zip Code geographic level indexes, with dynamic price tier indexes available at the county level.


More than 46 million paired arms-length transactions used to generate the indexes.

Regressive time series forecasting methodologies to measure the movement and trends of residential real estate prices.

All levels of indexes are updated monthly.

Multiple sources of values to provide a more complete picture of market behavior.


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