FHFA HPI for the Raleigh MSA; 3Q/16

This index states that house prices within the MSA (Metropolitan Statistical Area) increased 6.8% compared to 3Q/15.
The gain between 3Q/14 and 3Q/15 was 8.7%, so there has been some softening in house price increases.
The index uses repeat sales of the same property which I believe is the most accurate way to measure house price trends.
North Carolina ranked 14th among the 50 states during the quarter with an 6.3% average increase.
Florida, Oregon, Washington and Colorado were the top 4 states, each with increases >10%; sound familiar?

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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