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House Price Index

U.S. House Price Index Report - 1Q 2011 / March 2011

Published: 5/25/2011
​​​ US House Price Index Report Thumbnail

​Significant Findings:

  • The seasonally adjusted purchase-only HPI declined in the first quarter in 42 states and the District of Columbia.

  • Of the nine Census Divisions, the West South Central and Mountain Divisions experienced the most extreme price movements in the latest quarter. The Mountain Division experienced the largest decline, with a price drop of 3.4 percent. The strongest prices were in the West South Central Division, where prices declined only 0.5 percent.

  • As measured with purchase-only indexes for the 25 most populated metropolitan areas in the U.S., four-quarter price declines were greatest in the Atlanta-Sandy Springs-Marietta, GA area. That area saw price declines of 13.5 percent bet​​ween the first quarters of 2010 and 2011.

  • Prices held up best in Pittsburgh, PA, where prices rose 0.2 percent over that period.

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