Los Angeles-Long Beach-Glendale, CA (MSAD) Federal Housing Finance Agency Home Price Index (FHFA HPI)

The Los Angeles-Long Beach-Glendale, CA Federal Housing Finance Agency (FHFA) house price index (HPI) is a weighted, repeat-sales index measuring average price changes in single-family houses in the Los Angeles metropolitan area. The HPI is a market-based measure of house prices and is designed to provide a timely indication of house price trends.

The Los Angeles HPI value for December 2020 was 268.8, which is 4.4 percent higher than the December 2019 value of 258.1 and 9.7 percent higher than the December 2018 value of 244.6 (not seasonally adjusted). The annual change in the Los Angeles HPI for 2020 was 5.3 percent, compared with an annual change of 3.9 percent in 2019 and 2.0 percent in 2018 (not seasonally adjusted).

As of December 2020, the Los Angeles HPI was 26.8 percent above its pre-recession peak level reached in April 2007 and 9.7 percent above its trough level reached in February 2012 (not seasonally adjusted). On a month-over-month basis, the Los Angeles HPI increased by 0.2 percent from November to December 2020 (not seasonally adjusted).

The FHFA House Price Index report provides data on home equity and home prices for the United States as a whole as well as for individual states, metropolitan areas, and census divisions/districts within each state."