A home price index (HPI) statistically tracks changes in residential property values over time across homes in a specific region, metropolitan area, or nationally. HPIs serve as benchmarks for measuring the performance of local housing markets, analogous to how stock indexes such as the S&P 500 benchmark equity markets. REZITRADE Home Price Indexes provide an accurate measure of changes in residential property values. Like stock indexes, HPIs can underpin housing-linked products and solutions.