Home Price Index

**Overview**
CoreLogic HPI is the most current, comprehensive set of home-price indexes available on the market.

Built on industry-leading servicing and securities real-estate databases, CoreLogic HPI incorporates more than 40 years of repeat sales transactions for analyzing historic, current and future home price trends and producing multi-tier, multi-level market evaluations.

CoreLogic HPI serves as a repeat-sales index that tracks increases and decreases in the same home’s sales price over time – whether single-family attached or single-family detached. This in turn creates a more accurate “constant-quality” view of pricing trends than other pricing analyses based on all home sales.

**Use cases**
- **Economic Impact Analysis** - As an analyst at a government agency, I need to look at current and historic house price trends by CBSA.
- **Asset Validation** - HPI data can provide an additional validation point for a property's value. Real estate professionals and investors can use it to compare the price of a specific property against the trend in its area to determine if it's overpriced or underpriced.
- **Pricing Analysis** - Real estate professionals and investors can use the HPI to understand the price trends in different areas, which can inform their pricing strategies for buying or selling properties.
- **Demand Forecasting** - By analyzing trends in the HPI, businesses can anticipate future demand in the housing market. This can inform a range of business decisions, from developers deciding where to build new housing to retailers deciding where to open new stores.
- **Regulatory Reporting** - For financial institutions, HPI can be used in reporting to regulators about the value and risk of their real estate portfolio. This data can help these institutions demonstrate that they are managing their risks effectively.
- **Risk Analysis** - For financial institutions providing mortgages or home equity loans, HPI data can help in assessing the risk associated with a property. If the property is in an area where the HPI indicates a decline, it might pose a higher risk for the lender.

**Product details**
Add a maximum of 10 sample datasets and field names that represent your dataset.

- Datasets represented include HPI Forecast by ZIP Code, HPI Forecast by County, HPI Forecast by CBSA and HPI Forecast Market Indicator.
- Sample fields include Home Price Index, Tier Name, Volatility Index, Standard Deviation, Repeat Sales Count and Repeat Sales Median.