The FHFA House Price Index (FHFA HPI®) is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s. The FHFA HPI incorporates tens of millions of home sales and offers insights about house price fluctuations at the national, census division, state, metro area, county, ZIP code, and census tract levels. FHFA uses a fully transparent methodology based upon a weighted, repeat-sales statistical technique to analyze house price transaction data.
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What does the FHFA HPI represent?
The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January 1975.

The FHFA HPI serves as a timely, accurate indicator of house price trends at various geographic levels. Because of the breadth of the sample, it provides more information than is available in other house price indexes. It also provides housing economists with an improved analytical tool that is useful for estimating changes in the rates of mortgage defaults, prepayments and housing affordability in specific geographic areas.

U.S. Federal Housing Finance Agency, All-Transactions House Price Index for Connecticut [CTSTHPI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CTSTHPI, August 2, 2023.

Boundary file for 2010 Census boundaries for Connecticut Census tracts

Monthly sale price of single-family homes in Connecticut, 2001 through the present. Data updated monthly by the Connecticut Housing Finance Authority and tracked in the following dashboard: https://www.chfa.org/about-us/ct-monthly-housing-market-dashboard/.

Census tracts identified for PA 23-205

Monthly single-family home sales in Connecticut, 2001 through the present. Data updated monthly by the Connecticut Housing Finance Authority and tracked in the following dashboard: https://www.chfa.org/about-us/ct-monthly-housing-market-dashboard/.

CHFA has stopped maintaining the dashboard and associated datasets, and this dataset will no longer be updated as of 2022.

Weekly evictions data by census tract in Connecticut, reported by the Eviction Lab at Princeton University and collected by the CT Fair Housing Center from CT eviction records. More details can be found here: https://evictionlab.org/eviction-tracking/connecticut/

Peter Hepburn, Renee Louis, and Matthew Desmond. Eviction Tracking System: Version 1.0. Princeton: Princeton University, 2020. www.evictionlab.org.

Monthly foreclosures in Connecticut by county, 2008 through the present. Data updated monthly by the Connecticut Housing Finance Authority and tracked in the following dashboard: https://www.chfa.org/about-us/ct-monthly-housing-market-dashboard/.

CHFA has stopped maintaining the dashboard and associated datasets, and this dataset will no longer be updated as of 2022.

U.S. Bureau of Economic Analysis, Total Real Gross Domestic Product by Industry for Connecticut [CTRQGSP], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CTRQGSP

Units: Millions of Chained 2012 Dollars, Seasonally Adjusted Annual Rate

Updated quarterly.

The Local Area Unemployment Statistics (LAUS) program is a federal-state cooperative effort which produces monthly estimates of produces monthly and annual employment, unemployment, and labor force data for approximately 7,000 areas including Census regions and divisions, States, counties, metropolitan areas, and many cities.

This dataset includes data for all 50 states, the District of Columbia, and Puerto Rico. To only see data for Connecticut, create a filter where "State name" is equal to "Connecticut".

For more information on the LAUS program and data visit: https://www.bls.gov/lau/

For more information from the CT Department of Labor visit: https://www1.ctdol.state.ct.us/lmi/LAUS/default.asp

Number of active employees, aggregating information from multiple data providers.
This series is based on firm-level payroll data from Paychex and Intuit, worker-level data on employment and earnings from Earnin, and firm-level timesheet data from Kronos. This data is compiled by Opportunity Insights.

Data notes from Opportunity Insights:

Data Source: Paychex, Intuit, Earnin, Kronos

Update Frequency: Weekly

Date Range: January 15th 2020 until the most recent date available. The most recent date
available for the full series depends on the combination of Paychex, Intuit and Earnin data.
We extend the national trend of aggregate employment and employment by income quartile by using Kronos timecard data and Paychex data for workers paid on a weekly paycycle to forecast beyond the end of the Paychex, Intuit and Earnin data.

Data Frequency: Daily, presented as a 7-day moving average

Indexing Period: January 4th - January 31st

Indexing Type: Change relative to the January 2020 index period, not seasonally adjusted.

More detailed documentation on Opportunity Insights data can be found here: https://github.com/OpportunityInsights/EconomicTracker/blob/main/docs/oi_tracker_data_documentation.pdf