Standard & Poor’s Case-Schiller Home Price Index
Posted by sworlando on August 17, 2007
The Case-Schiller Home Price Index is a quarterly report that reflects the state of the residential housing market in 20 metropolitan regions 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. For example, many cities in the northeast are still seeing rising markets 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 market conditions. You can download these quarterly reports for free at the Standard & Poor’s Case-Schiller Website.
On November 25, 2007, NY Times online published an article by Robert Shiller entitled “A Time for Bold Thinking on Housing” that’s one of the best assessments of the current housing market.
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