Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act
| Period | Repeat- transactions index |
Average price |
|---|---|---|
| 1984:Q1 | 3.71 | ND |
| 1984:Q2 | 4.36 | ND |
| 1984:Q3 | 4.63 | ND |
| 1984:Q4 | 5.47 | ND |
| 1985:Q1 | 5.36 | ND |
| 1985:Q2 | 5.34 | ND |
| 1985:Q3 | 6.23 | ND |
| 1985:Q4 | 6.51 | ND |
| 1986:Q1 | 7.05 | ND |
| 1986:Q2 | 7.61 | ND |
| 1986:Q3 | 7.65 | ND |
| 1986:Q4 | 8.16 | ND |
| 1987:Q1 | 8.38 | ND |
| 1987:Q2 | 8.09 | ND |
| 1987:Q3 | 7.77 | ND |
| 1987:Q4 | 6.79 | ND |
| 1988:Q1 | 6.35 | ND |
| 1988:Q2 | 6.58 | ND |
| 1988:Q3 | 6.08 | ND |
| 1988:Q4 | 6.21 | ND |
| 1989:Q1 | 5.75 | ND |
| 1989:Q2 | 4.91 | ND |
| 1989:Q3 | 6.15 | ND |
| 1989:Q4 | 6.04 | ND |
| 1990:Q1 | 5.08 | 2.64 |
| 1990:Q2 | 3.67 | 2.16 |
| 1990:Q3 | 1.70 | 0.08 |
| 1990:Q4 | 0.26 | -1.80 |
| 1991:Q1 | 0.60 | 3.86 |
| 1991:Q2 | 0.96 | 8.22 |
| 1991:Q3 | 0.54 | 9.47 |
| 1991:Q4 | 1.73 | 10.01 |
| 1992:Q1 | 1.74 | 4.66 |
| 1992:Q2 | 1.56 | 1.02 |
| 1992:Q3 | 2.49 | 0.10 |
| 1992:Q4 | 2.27 | 1.93 |
| 1993:Q1 | 0.97 | -0.64 |
| 1993:Q2 | 2.31 | 1.63 |
| 1993:Q3 | 2.32 | 2.92 |
| 1993:Q4 | 2.36 | 3.28 |
| 1994:Q1 | 3.37 | 4.77 |
| 1994:Q2 | 3.39 | 3.61 |
| 1994:Q3 | 3.26 | 3.43 |
| 1994:Q4 | 2.65 | 1.93 |
| 1995:Q1 | 2.28 | 0.44 |
| 1995:Q2 | 2.21 | 0.24 |
| 1995:Q3 | 2.44 | 2.49 |
| 1995:Q4 | 2.47 | 3.01 |
| 1996:Q1 | 3.18 | 4.65 |
| 1996:Q2 | 3.27 | 5.72 |
| 1996:Q3 | 3.01 | 4.07 |
| 1996:Q4 | 3.06 | 3.89 |
| 1997:Q1 | 2.67 | 4.73 |
| 1997:Q2 | 2.93 | 5.39 |
| 1997:Q3 | 3.06 | 6.37 |
| 1997:Q4 | 3.41 | 7.49 |
| 1998:Q1 | 4.06 | 6.24 |
| 1998:Q2 | 4.52 | 6.74 |
| 1998:Q3 | 5.09 | 5.22 |
| 1998:Q4 | 5.66 | 4.50 |
| 1999:Q1 | 5.89 | 5.94 |
| 1999:Q2 | 6.01 | 5.23 |
| 1999:Q3 | 6.24 | 6.29 |
| 1999:Q4 | 6.17 | 5.80 |
| 2000:Q1 | 6.52 | 5.59 |
| 2000:Q2 | 6.78 | 4.51 |
| 2000:Q3 | 6.90 | 4.44 |
| 2000:Q4 | 7.24 | 5.35 |
| 2001:Q1 | 7.32 | 3.59 |
| 2001:Q2 | 7.35 | 4.97 |
| 2001:Q3 | 7.43 | 5.56 |
| 2001:Q4 | 7.25 | 4.72 |
| 2002:Q1 | 7.09 | 8.81 |
| 2002:Q2 | 7.32 | 9.42 |
| 2002:Q3 | 7.82 | 8.12 |
| 2002:Q4 | 8.32 | 9.89 |
| 2003:Q1 | 8.40 | 5.87 |
| 2003:Q2 | 8.17 | 6.52 |
| 2003:Q3 | 8.15 | 7.76 |
| 2003:Q4 | 8.44 | 7.88 |
| 2004:Q1 | 8.87 | 8.35 |
| 2004:Q2 | 9.47 | 9.71 |
| 2004:Q3 | 10.00 | 8.53 |
| 2004:Q4 | 10.25 | 9.35 |
| 2005:Q1 | 10.42 | 9.72 |
| 2005:Q2 | 10.93 | 8.88 |
| 2005:Q3 | 10.90 | 10.35 |
| 2005:Q4 | 10.65 | 9.07 |
| 2006:Q1 | 10.04 | 5.65 |
| 2006:Q2 | 8.39 | 2.63 |
| 2006:Q3 | 6.08 | -0.95 |
| 2006:Q4 | 4.31 | -1.89 |
| 2007:Q1 | 2.97 | -1.35 |
| 2007:Q2 | ND | -0.79 |
|
Note: The data are quarterly, and changes are from one year earlier. The repeat-transactions index extends through 2007:Q1. For the years preceding 1991, that index includes appraisals associated with mortgage refinancings; beginning in 1991, it includes purchase transactions only. The data for average price extend through 2007:Q2, and the reading for Q2 is the average for April and May compared with the same period one year earlier. Source: For repeat transactions, Office of Federal Housing Enterprise Oversight; for average price, National Association of Realtors. |
ND No data. |