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House Price Index

U.S. House Price Index Report - 3Q 2011 / September 2011

Published: 11/29/2011
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​​​Significant Findings:

  • The seasonally adjusted purchase-only HPI declined in the third quarter in 21 states and the District of Columbia.​

  • Of the nine census divisions, the West North Central division experienced the strongest price gains in the latest quarter, posting a 1.5 percent price increase. Prices were weakest in the Pacific census division, where prices fell 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 Phoenix-Mesa-Glendale, AZ area. That area saw price declines of 10.6 percent between the third quarters of 2010 and 2011. Prices held up best in the Warren-Troy-Farmington Hills, MI metropolitan division, where prices rose 4.0 percent over that period.​​

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