house price index (HPI)

Definition

An index that measures the price of residential housing (specifically single-family properties) which is published quarterly by the Federal Housing Finance Agency (FHFA). It uses data from Fanny Mae and Freddie Mac to create the index, and is used to indicate prevailing trends in house prices, as well as an analytical tool to estimate changes to housing affordability and foreclosure rates. It is measured by averaging price changes in house purchase prices including mortgage financing and refinancing appraisals.

单词	house price index (HPI)
释义	house price index (HPI) Definition An index that measures the price of residential housing (specifically single-family properties) which is published quarterly by the Federal Housing Finance Agency (FHFA). It uses data from Fanny Mae and Freddie Mac to create the index, and is used to indicate prevailing trends in house prices, as well as an analytical tool to estimate changes to housing affordability and foreclosure rates. It is measured by averaging price changes in house purchase prices including mortgage financing and refinancing appraisals.
随便看	extension clause extension of benefits extension pricing extension risk extensive distribution external agents external attribution external audiences external audit external benefit external claim external control external customer external debt external deliverable external dependence external diseconomies external diseconomies of scale external economies external environment external equity external factors external failure external failure costs external financing