OFHEO Home Price Index to Per Capita Income Ratio by MSA
Price to Income Indices Ratio
   < 0.80
   0.80 - 0.89
   0.90 - 0.99
   1.00 - 1.09
   1.10 - 1.19
   1.20 - 1.29
   1.30 - 1.39
   1.40 - 1.49
   >= 1.50
Select a date  
The HPI is a broad measure of the movement of single-family house prices. It serves as a timely, accurate indicator of house price trends at various geographic levels. It also provides housing economists with an analytical tool that is useful for estimating changes in the rates of mortgage defaults, prepayments and housing affordability in specific geographic areas. The HPI is a measure designed to capture changes in the value of single-family homes in the U.S. as a whole, in various regions of the country, and in the individual states and the District of Columbia. The HPI is published by the Federal Housing Finance Agency (FHFA) using data provided by Fannie Mae and Freddie Mac. The Office of Federal Housing Enterprise Oversight (OFHEO), one of FHFA’s predecessor agencies, began publishing the HPI in the fourth quarter of 1995.