1) The FHFA HPI is based on repeat transactions. That is, the estimates of appreciation are based on repeated valuations of the same property over time. Therefore, each time a property “repeats” in the form of a sale or refinance, average appreciation since the prior sale/refinance period is influenced.

What is a HPI house valuation?

Well, in simplest terms a house price index (HPI) measures the price changes of residential housing as a percentage change from a specific start date (which has HPI of 100).

What is HPI forecast?

HPI Forecast provides an independent, objective view, of future real estate market changes and risk.