The U.S. Federal Housing Finance Agency (FHFA) All-Transactions House Price Index (HPI) for Austin-Round Rock-Georgetown, TX (MSA) [ATNHPIUS12420Q] is a measure of the average change in house prices for homes that have sold in the Austin-Round Rock-Georgetown metropolitan statistical area (MSA) includes several counties in Texas, including Travis, Williamson, and Hays counties.
The FHFA calculates the HPI using data from Fannie Mae and Freddie Mac mortgages. The index is designed to capture price movements for all types of homes, including single-family homes, townhouses, and condominiums. The index is seasonally adjusted and reported quarterly.
The ATNHPIUS12420Q is a quarterly time series that starts in the first quarter of 1991.
The HPI is a useful tool for tracking changes in house prices over time and can provide insight into the overall health of the housing market in a particular area. However, it is important to note that the index is based on the sale prices of homes that have sold at least twice and may not capture changes in prices for homes that have not been sold recently.