Economic News

U.S. National Home Price Index

Standard & Poor’s Case-Shiller Home Price Indices

The S&P/Case-Shiller Home Price Indices measures the residential housing market, tracking changes in the value of the residential real estate market in 20 metropolitan regions across the United States. Reference: S&P

See the Latest Releases of the S&P/Case-Shiller Home Price Indices 

Definition:

What is the S&P/Case-Shiller U.S. National Home Price Index?

An index that measures the change in value of the U.S. residential housing market. The S&P/Chase-Shiller U.S. National Home Price Index tracks the growth in value of real estate by following the purchase price and resale value of homes that have undergone a minimum of two arm’s-length transactions. The index is named for its creators, Karl Chase and Robert Shiller.     Reference:   Investopedia    For the full reference go to S&P/Case-Shiller U.S. National Home Price Index

 

Commentary:  

” the US Case-Shiller index is based on only a ‘sample’ of sales, which miss around 30-40 per cent of all US states ” by Christopher Joye who writes on economics, finance and a real estate blog for Business Spectator http://www.businessspectator.com.au & is the MD for Rismark International