Skip to main content

FHFA House Price Index® Focus Pieces

FHFA’s quarterly HPI Releases typically include a “Highlights” article that analyzes house price trends or specific methodological issues related to the HPI’s construction. The downloadable articles are listed below with the corresponding HPI release.

 

​Title​Reporting Period​Corresponding HPI Release (and Pages)
Transitioning to the New OMB 2023 Metropolitan Area Definitions1Q 2025  
Additional Highlights: Comparing House Price Indexes of Select Metropolitan Areas with
Delineation Changes		1Q 2025  
Developmental Quarterly House Price Indexes for Real Property Manufactured Homes2Q 2024  
Quarterly House Price Medians for Real Property Manufactured Homes2Q 2024  
​Source Update for County Recorder Data and Its Impact on FHFA HPI®​4QM10 20234QM10 2023 HPI Report​Pages 9 - 21
​Transitioning to the New OMB 2018 Metropolitan Area Definitions​​4Q 2018​4Q 2018 HPI Report​Pages 23-35​ 
Manufactured House Price Indexes​2Q 2018​2Q 2018 HPI ReportPages 23 - 27
​Release of New Indexes for Three-Digit ZIP Codes​​4Q 2014​​4Q 2014
HPI Report		​​Page 20
​Comparing House Price Indexes based on OMB 2009 and 2013 Metropolitan Area Definitio​ns​3Q 2013​3Q 2013 HPI Report​Pages 13 – 16
​Transitioning to the New OMB 2013 Metropolitan Area Definitions ​​2Q 20132Q 2013 HPI ReportPages 13 – 26
Expanding the Number of Purchase-Only Indexes from 25 to 75 MSAs​1Q 2013​1Q 2013 HPI Report​Pages 13 – 21
Recent Differences Between Appreciation Rates Reflected in the Purchase-Only and All-Transactions Indexes​4Q 20124Q 2012 HPI ReportPages 12 – 18
​Expanding the Number of Expanded-Data Indexes to 25 MSAs3Q 20123Q 2012 HPI ReportPages 12 – 16
​Distress-Free House Price Indexes2Q 2012​2Q 2012 HPI ReportPages 12 – 23
​Options for Construction "Distress-Free" House Price Indexes1Q 2012​1Q 2012 HPI Report​Pages 12 – 19
Exploring Negative Revisions in the Monthly HPI​​4Q 2011​4Q 2011 HPI Report​Pages 12 – 17
​Expanded-Data HPI: House Prices and the Oil & Gas Industry3Q 20113Q 2011 HPI ReportPages 12 –21
​Introduction of Expanded-Data House Price Indexes2Q 2011​2Q 2011 HPI Report​Pages 13 – 25
​Implementation of New Index Weighting System1Q 2011​1Q 2011 HPI Report​Pages 10 – 16
​Price Trends for Homes that are Frequently Traded4Q 2010​4Q 2010 HPI Report​Pages 10 – 14
House Price Indexes Estimated with Additional Data from County Recorder Offices3Q 2010​3Q 2010 HPI ReportPages 10 – 16
​Condominium Indexes​2Q 2010​2Q 2010 HPI Report​Pages 10 – 14
New House Price Indexes for Puerto Rico1Q 20101Q 2010 HPI ReportPages 10 – 15
​Conversion to New Software for Address Processing4Q 20094Q 2009 HPI Report​Pages 10 – 12
​The Impact of Distressed Sales on FHFA's Index for California3Q 2009​3Q 2009 HPI Report​Pages 10 – 13
​Discussion of New Indexes and Recent Research​1Q 2009​1Q 2009 HPI ReportPages 11 – 12
Evaluation of the National Weighting System (Update) and Release of Purchase-Only Indexes for Select Metro Areas4Q 2008​4Q 2008 HPI Report​Pages 11 – 14
​Assessing the Weights used in the Construction of the National House Price Index3Q 20083Q 2008 HPI ReportPages 11 – 17
​Discussion of Relationship between Price Trends and Borrower and Financing Types​2Q 20082Q 2008 HPI ReportPages 11 – 12
​Technical Note on Future Plans to Update OFHEO HPI-S&P/Case-Shiller Reconciliation Analyses4Q 2007​4Q 2007 HPI Report​Pages 9 – 17
​Foreclosures and House Prices​3Q 2007​3Q 2007 HPI ReportPages 11 – 17
​Monthly House Price Indexes2Q 20072Q 2007 HPI Report​Pages 9 – 17
​New "Purchase-Only" House Price Indexes: Comments and Statistics1Q 20071Q 2007 HPI Report​Pages 8 – 17
​The Market Slowdown and Home Prices in the Suburbs and Exurbs4Q 2006​4Q 2006 HPI Report​Pages 8 – 12
​Home Price Appreciation in Rural Areas​3Q 2006​3Q 2006 HPI ReportPages 8 – 14
​Appreciation Rate Declines2Q 20062Q 2006 HPI ReportPages 7 – 9
​Cash-Out Refinances and Estimated Appreciation Rates​1Q 20061Q 2006 HPI Report​Pages 5 – 7
​Initial Indications of Hurricane Katrina's Effects on Housing Markets4Q 20054Q 2005 HPI ReportPages 8 – 9
Home Prices and Hurricanes3Q 20053Q 2005 HPI Report​Pages 7 – 14
​Inclusion of Expensive Homes in the HPI4Q 20054Q 2005 HPI Report​Pages 8 – 9
​HPI Revisions​1Q 20051Q 2005 HPI ReportPages 6 – 7
​Quarterly Price Slowdown in Many Areas​4Q 2004​4Q 2004 HPI ReportPages 6 – 7
Regional Highlights (North Carolina and California)3Q 2004​3Q 2004 HPI Report​Pages 6 – 9
House Prices Take Off—Almost Everywhere​4Q 20034Q 2003 HPI ReportPages 3 – 4
​Focus on Hawaii, Mountain States, Northeast3Q 20033Q 2003 HPI ReportPages 3 – 5
​Spotlight on California's Continued Stellar Housing Markets2Q 2003​2Q 2003 HPI ReportPages 3 – 4
Regional Performance and Comparison3Q 2002​3Q 2002 HPI ReportPages 4 – 7
​A Closer Look at "Bubble Areas"2Q 2002​2Q 2002 HPI ReportPages 4 – 7
​Housing Prices Continue to Grow at Healthy Rates1Q 20021Q 2002 HPI Report​Pages 3 – 4
​Housing Prices Slow Substantially in Fourth Quarter 20014Q 20014Q 2001 HPI ReportPages 4 – 5
Spotlight on California: Silicon Valley/Northern Bay Area​3Q 20013Q 2001 HPI ReportPage 2
​2001 Average Implied Annual Growth High2Q 20012Q 2001 HPI ReportPages 2 – 3
​Maryland and Virginia Suburbs Begin to Reflect DC Growth​1Q 2001​1Q 2001 HPI Report​Pages 2 – 3
​How the Use the Price to Income Ratio to Determine the Presence of Housing Bubbles4Q 2000​4Q 2000 HPI Report​Pages 7 – 10
Bay Area Continues to Dominate Top 10 MSAs for Most Rapid Appreciation2Q 20002Q 2000 HPI Report​Pages 24 – 25
​Rural Area House Prices Appreciate More Rapidly than Metro Areas in 1990s1Q 2000​1Q 2000 HPI ReportPages 24 – 31 ​​​​