Housing Prices

Forecasts for state and MSA housing price indices

State Housing Prices

The house price index is an aggregate measure of housing prices in the state. It is calculated with a combination observed sales pricing data and housing appraisal data by the U.S. Federal Housing Administration.

LA House Price Index

MSA Level Housing Prices

Metropolitan Statistical Areas (MSAs) are major economic centers of gravity within a state. LA currently has nine MSAs that span roughly half of the parishes within the state. These nine MSAs account for approximately 90 percent of economic activity within the state though. HPI forecasts for the top four MSAs are below.

Baton Rouge MSA - HPI
Lafayette MSA - HPI
New Orleans-Metairie MSA - HPI
Shreveport-Bossier City MSA - HPI

Patrick is an assistant professor of Economics at Louisiana Tech University. He researches interest rate determination and the inflationary consequences of suboptimal monetary policy. He teaches monetary economics, research methods & macroeconomic theory.