The Federal Housing Finance Agency (FHFA) published its 2023 first quarter data for the Uniform Appraisal Dataset (UAD) Aggregate Statistics. The data file and dashboards also include new statistics and property characteristics, FHFA announced in a release.

For the first time, FHFA’s UAD Aggregate Statistics include data on residential property sales comparisons (“comparables”). The data can provide vital quantitative insights into the appraisal process, as comparables are a leading method used to assess property values, according to the release.

The UAD Aggregate Statistics also have been updated with new property characteristics, including:

• Lot size categories;
• Property condition ratings;
• Presence of an accessory dwelling unit; and
• Largest race/ethnicity group in a tract.

“Today’s (June 29) release significantly increases the number of individual statistics FHFA had previously made available to the public,” FHFA Director Sandra Thompson said. “The new and updated data further demonstrate our commitment to transparency and to providing access to information that can help deter appraisal bias.”

FHFA added two new dashboards that present census tract data and appraisal gap statistics. The Census Tracts Dashboard allows the public to explore data more easily at the census tract level, which had previously only been accessible to users with advanced statistical software.

The Appraisal Gap Dashboard highlights disparities in the proportion of borrowers whose property had an appraised value below the contract price.