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Standard & Poor’s Case-Shiller Home Price Index

August 17th, 2007 · 4 Comments

The Case-Shiller Home Price Index is a quarterly report that reflects the state of the residential housing market in 20 metropolitan regions as a three month average across the United States. It is the most relied upon index to gauge the state of the real estate market as a whole but keep in mind that real estate markets are extremely localized and that the micro view will give a much more accurate picture. This index is used for futures and options contracts in the Chicago Mercantile exchange and a shame that more Realtors do not utilize this great resource in their market evaluations.Some cities are still seeing rising prices in their market although few in number while the rest of the country has declined and numerous mortgage companies are shutting its doors. It’s still location, location, location and a little bit about the big picture. You can download these quarterly reports for free at the Standard & Poor’s Case-Schiller Website.

Tags: Market Forecast · Market Statistics

4 responses so far ↓

  • 1 Predicting Housing Booms & Busts // Sep 19, 2007 at 8:12 pm

    […] in July 2007 by Robert Shiller, author of “Irrational Exuberance” and creator of the Case-Shiller index, on the possibility of predicting housing booms and busts by studying their turning points in […]

  • 2 Case Shiller Index Show Record Declines // Dec 26, 2007 at 3:07 pm

    […] decline to record levels for the Case-Shiller Home Price Index released today. The 10 city composite index showed a decline of 6.7% which is the largest decline […]

  • 3 Forecasts for Orlando Real Estate in 2008 // Jan 9, 2008 at 10:45 am

    […] Shiller, creator of the Case-Shiller Index, predicts as decline of 30% in 2008 due to an over supply of homes on the market from builders and […]

  • 4 Robert Shiller Predicts a 50% Decline in Housing Prices | // Oct 27, 2011 at 3:03 pm

    […] dude. He is an Economics professor at Yale, author of Irrational Exuberance, and co-founder of the Case Shiller Index. Today, he stated in an interview with CNBC’s Maria Bartiromo about the Fed’s 50/50 […]