2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

FHFA House Price Index  
Released On 4/25/2017 9:00:00 AM For Feb, 2017
PriorConsensusConsensus Range
M/M change0.0 %0.4 %0.2 % to 0.5 %
Y/Y change5.7 %

Recent History Of This Indicator
The FHFA house price index had been showing some the best strength of any indicator on household wealth but came to a standstill in January with a monthly no change and a 5 tenths drop in the year-on-year rate to 5.7 percent that is now tracking at Case-Shiller's 20-city pace. The consensus is calling for a moderate 0.4 percent monthly rebound in February that, however, isn't likely to give much lift to the year-on-year rate.

Definition
The Federal Housing Finance Agency (FHFA) House Price Index (HPI) covers single-family housing, using data provided by Fannie Mae and Freddie Mac. The House Price Index is derived from transactions involving conforming conventional mortgages purchased or securitized by Fannie Mae or Freddie Mac. In contrast to other house price indexes, the sample is limited by the ceiling amount for conforming loans purchased by these government-sponsored enterprises (GSE). Mortgages insured by the FHA, VA, or other federal entities are excluded because they are not "conventional" loans. The FHFA House Price Index is a repeat transactions measure. It compares prices or appraised values for similar houses.  Why Investors Care
 
[Chart]
The FHFA House Price Index captures price data for an important segment of the housing market - home purchases with mortgages financed or bundled by federal housing agencies. However, this HPI does not cover high end housing.
Data Source: Haver Analytics
 
 

2017 Release Schedule
Released On: 1/252/233/224/255/246/227/258/229/2610/2511/2812/21
Release For: NovDecJanFebMarAprMayJunJulAugSepOct
 


powered by  [Econoday]