OFHEO House Price Index
The Federal Housing Finance Agency (FHFA) oversees the secondary mortgage markets – Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
The FHFA / OFHEO House Price Index
Federal Housing Finance Agency (FHFA) compiles single-family home sale data and publishes the OFHEO House Price Index to track home values in major markets such as the Tampa Bay area.
OFHEO’s HPI looks at average price changes in repeat sales, or in refinancings, by analyzing transactions whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac. The HPI includes house price data for Census Bureau divisions, for every state, and for Metropolitan Statistical Areas (MSAs) such as the Tampa Bay market. Latest House Price Index.
Note: Both The OFHEO House Price Index and the Case-Shiller House Price Index track housing sales in the Tanmpa Bay area. Both studies use same-home sales method (repeat-valuations framework) to measure home price fluctuation in the Tampa Bay metro market. For discussion of how these indexes differ, see “A Note on the Differences between the OFHEO and S&P/Case-Shiller House Price Indexes”.
FHFA’s House Price Calculator
This handy tool asks you when you purchased your home, the purchase price, and then offers a ballpark estimate of current value. Calculate Your Home’s Current Value Now