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.
Is the Case-Shiller Home Price Index inflation adjusted?
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.
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 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.
Can you trade 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). Any trade you execute will have the CME as counter-party.
What are the 20 cities in the Case-Shiller Index?
What is the Case-Shiller national price index?
The national index is one of three related Case-Shiller indices. The others are composite indices of housing prices in 10 cities and 20 cities. The S&P CoreLogic Case-Shiller National Home Price Index measures the changes in the sale prices of single-family homes across the U.S.
What is the S&P CoreLogic Case-Shiller home price index?
The S&P CoreLogic Case-Shiller National Home Price Index measures the change in the value of the U.S. residential housing market by tracking the purchase price and resale value of single-family homes that have undergone a minimum of two arm’s-length transactions.
What is the house price index (HPI)?
The House Price Index (HPI) is a broad measure of the movement of single-family house prices in the United States. The S&P/Case-Shiller Home Price Indexes are a group of indexes that track changes in home prices throughout the United States.
What cities are included in the Case Shiller index?
Understanding The Case-Shiller Housing Index. The 20-city composite index, which includes all of the above cities plus Atlanta, Charlotte, Cleveland, Dallas, Detroit, Minneapolis, Phoenix, Portland (Oregon), Seattle and Tampa. Twenty individual metro area indexes for each of the cities listed above.