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FEDERAL HOUSING FINANCE AGENCIES RELEASE For Immediate Release August 22, 2013Contact:Corinne Russell Stefanie Johnson(202) 6493032 (202) 6493030U. S. House Prices Rose 2.1 Percent in Second Quarter
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01
Gather data on house prices for a specific geographic area.
02
Calculate house price changes based on the repeat-sales method.
03
Adjust for quality differences in the properties being compared.
04
Aggregate the data to create an index for the entire area.
05
Report the index on a quarterly basis.

Who needs fhfa house price index?

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Real estate investors looking to make informed decisions about buying or selling properties.
02
Policy makers monitoring housing market trends for economic analysis and planning.
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Lenders assessing the value of collateral for mortgage loans.
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The FHFA House Price Index is a weighted, repeat-sales index intended to measure the average price changes in residential properties in the U.S.
Lenders, government-sponsored enterprises, and other entities involved in mortgage financing are required to file the FHFA House Price Index.
The FHFA House Price Index can be filled out online through the FHFA's designated portal, where users can input the required property data.
The purpose of the FHFA House Price Index is to provide a reliable indicator of housing market trends and to assist in making informed decisions related to real estate investments.
The FHFA House Price Index requires reporting of property details, sales prices, and other relevant data to accurately reflect changes in housing prices.
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