What does Case Shiller measure?

What does Case Shiller measure?

The S&P CoreLogic Case-Shiller U.S. National Home Price Index (“the U.S. national index”) measures the value of single-family housing within the United States. The index is a composite of single-family home price indices for the nine U.S. Census divisions and is calculated monthly.

What is Case Shiller home index?

The S&P CoreLogic Case-Shiller Home Price Indexes, also known as simply the Case-Shiller Home Price Indexes, are a group of indexes that track changes in home prices throughout the United States.

What are the 20 cities in the Case Shiller index?

The S&P CoreLogic Case-Shiller 20-City Composite Home Price NSA Index seeks to measures the value of residential real estate in 20 major U.S. metropolitan areas: Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, San Diego.

What is Case-Shiller high tier?

The “High Tier” price range was defined by C-S in April 2011 as those homes selling for over $580,000 (the exact number changes monthly).

Is Case-Shiller adjusted for inflation?

US national index levels, not seasonally adjusted. Historic prices are inflation adjusted September, 2021 dollars.

Does Case Shiller index account for inflation?

US national index levels, not seasonally adjusted. Historic prices are inflation adjusted October, 2021 dollars.

What is a 20-city composite?

What is the S&P CoreLogic Case-Shiller National Home Price Index (HPI)?

The S&P CoreLogic Case-Shiller National Home Price Index measures the change in value of the U.S. residential housing market. The House Price Index (HPI) is a broad measure of the movement of single-family house prices in the United States.

What is the Case-Shiller index and who created it?

The Case-Shiller Index was developed in the 1980s by three economists: Allan Weiss, Karl Case and Robert Shiller. The trio later formed a company to sell their research; that company was purchased by Fiserv, Inc., which tabulates the data behind the index.

What types of sales does Case-Shiller track?

The types of sales tracked by the Case-Shiller indexes are called arms-length sale transactions. These are transactions where the home was sold at market value and the sale price data can be used to get an accurate snapshot of the housing market.

What is the housing price index (HPI)?

The U.S. Federal Housing Finance Agency (FHFA) publishes a quarterly housing price index that it has cleverly named the HPI (or Housing Price Index). It uses the Case-Shiller repeat-sales method for its calculations, but it covers 363 metropolitan areas and includes refinances, not just sales.