Indexes

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January 1, 1 6 min read Definitions

Home Price Index Housing Market Real Estate Prices Property Valuation Indexes Real Estate Investment

The Home Price Index (HPI) is a measure of the relative level of prices in a specific housing market at a specific time. The index values indicate change over time rather than an average or median price in dollars. They are typically pegged to a starting value and show the appreciation or depreciation in housing prices.