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.
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.