Q4 numbers are out, and most of Arkansas continued to earn its slow and steady reputation. The big winner for the year was Texarkana at 12.1% growth for 2019. The slowest growth was Pine Bluff at 2.2% for the year. Central Arkansas posted gains in all 4 quarters but still finished next to last in the State at 3.6% growth. NWA had a solid 5.7% for 2019.
Is this data based on sales or tax value?
It's the Federal Housing Finance Agency's House Price Index. Here's a copy and paste from their site on how it's calculated:
The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January 1975.
Thanks for the data!