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Self-reported Housing Wealth in the SIPP

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  • Xi Yang

Abstract

This project analyzes homeowners' self-reported home values from the Survey of Income and Program Participation (SIPP) 1990–2008 panels, which cover the period 1990–2013 and span the onset of major housing price run-ups through subsequent declines. I compare county-level housing price trends derived from the Federal Housing Finance Agency (FHFA) index with those implied by homeowners' self-reported values in the SIPP. Results show that aggregate trends are largely consistent across the two sources. I further document key deviations between them and identify factors that explain these differences.

Suggested Citation

  • Xi Yang, 2026. "Self-reported Housing Wealth in the SIPP," CES Technical Notes Series 26-25, Center for Economic Studies, U.S. Census Bureau.
    • Handle: RePEc:cen:tnotes:26-25
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