The House Price Index: Morton Grove and Niles

Descriptive Statistics of the House Price Indices and Changes


    Variable |        Obs        Mean    Std. Dev.       Min        Max
-------------+---------------------------------------------------------
         HPI |        282    143.7939    28.03812   91.00344   200.9951
     HPI_Y2Y |        270    2.911956    8.557342  -25.03076   18.05358
     HPI_M2M |        281    .2539985    1.140085  -5.369553   3.033088

Recent House Price Indices and Changes 


  +----------------------------------------------------------------------+
  | year_month      HPI      RPI   HPI_Y2Y   RPI_Y2Y   HPI_M2M   RPI_M2M |
  |----------------------------------------------------------------------|
  |    2020/06   164.09   171.84     -1.22     -1.57      0.13      1.54 |
  |    2020/07   164.20   176.10     -1.55      2.43      0.07      2.45 |
  |    2020/08   168.01   178.87      0.68      8.08      2.29      1.57 |
  |    2020/09   171.83   184.43      3.77      4.96      2.25      3.06 |
  |    2020/10   176.18   189.53      7.30     13.58      2.50      2.73 |
  |----------------------------------------------------------------------|
  |    2020/11   176.23   186.90      7.14     11.19      0.02     -1.39 |
  |    2020/12   178.52   186.68      8.43     12.98      1.29     -0.12 |
  |    2021/01   180.58   184.63      9.77     12.06      1.15     -1.10 |
  |    2021/02   183.28   187.79     11.42     18.80      1.49      1.70 |
  |    2021/03   183.41   185.33     12.79     17.87      0.07     -1.32 |
  |----------------------------------------------------------------------|
  |    2021/04   183.13   188.46     11.43     16.62     -0.16      1.67 |
  |    2021/05   182.88   188.28     10.97     10.67     -0.14     -0.10 |
  |    2021/06   185.79   188.20     12.42      9.10      1.58     -0.04 |
  +----------------------------------------------------------------------+

HPI: Hedonic House Price Index, RPI: Repeat Sale House Price Index, SE_: Seasonally Adjusted
Data Source: Closed Transaction Data from the Multiple Listing Service