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Research Papers

An Approach for Calculating Reliable State and National House Price Statistics

Published: 9/30/2010
Author:

​​Andrew Leventis, Principal Economist

This Federal Housing Finance Agency (FHFA) research paper describes a technique for producing state and national median and average home price statistics that incorporate less noise than traditional metrics. The approach reflects a candidate methodology for producing average price statistics required under the Housing and Economic Recovery Act. That Act requires that FHFA "establish and maintain" a technique for calculating annual changes in the national average house price for use in adjusting conforming loan limits.

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