Abstract
This Federal Housing Finance Agency (FHFA) research paper examines the history of House Price Index (HPI) revisions over the recent national boom-bust cycle in house prices. The paper is part of FHFA’s ongoing effort to enhance public understanding of the nation’s housing finance system. The paper was prepared by Jesse Weiher of the Office of Policy Analysis and Research. Andrew Leventis, Robert Seiler and Robert Collender provided valuable comments.
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