What is the S&P Case-Shiller Home Price Index?

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What is the S&P Case-Shiller Home Price Index?

The S&P CoreLogic Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate nationally.

What are the 20 cities in the Case Shiller index?

The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index measures changes in residential house prices in 20 metropolitan regions in the United States: Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, San Diego, San …

Is the Case-Shiller Home Price Index adjusted for inflation?

The Case-Shiller Home Price Index measures house price inflation by looking at repeated sales of the same single-family houses. The price of houses in January 2000 is given the value of 100. So a Case-Shiller value of 200 means house prices have doubled since January 2000. (More details here and here.)

How is the Case-Shiller Home Price Index calculated?

The indices are calculated monthly, using a three-month moving average algorithm. Home sales pairs are accumulated in rolling three-month periods, on which the repeat sales methodology is applied. The index point for each reporting month is based on sales pairs found for that month and the preceding two months.

Can you buy the Case-Shiller Index?

You need an account at a futures broker that allows their clients to trade the Case Shiller home price index contracts. Their role will be to screen for suitability, and KYC issues. (I’m not aware of any licenses required by users to trade).

What is the Case Shiller 10 City index?

The S&P CoreLogic Case-Shiller 10-City Composite Home Price NSA Index measures the change in value of residential real estate in 10 metropolitan areas of the U.S. It is included in the S&P Case-Shiller Home Price Index Series which seeks to measure changes in the total value of all existing single-family housing stock.

Who uses the Case Shiller index?

SPCS20R is a composite index of the home price index for 20 major Metropolitan Statistical Areas in the United States. The index is published monthly by Standard & Poor’s and uses the Case and Shiller method of a house price index using a modified version of the weighted-repeat sales methodology.

What cities are in the Case Shiller 10-City index?

The 3 S&P CoreLogic Case-Shiller National Home Price Indices The 10-city composite index, covers Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco, and Washington, DC.

What cities are in the Case-Shiller 10-City index?

What is Shiller data?

Description Shiller PE ratio for the S&P 500. Price earnings ratio is based on average inflation-adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio), Shiller PE Ratio, or PE 10 FAQ. Data courtesy of Robert Shiller from his book, Irrational Exuberance.

How much did housing prices drop in 2008?

The long, sharp slide in Southern California home values is all but eliminating demand for new houses.

Categories: FAQ