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A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).
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. This method is able to adjust for the quality of ...
Fees: Sellers pay a brokerage fee, which is typically 6 percent of their home’s sale price, and if you use the Move First program, you also pay a 2.4 percent program fee. Other traditional home ...
Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2011. [3] On December 30, 2008, the Case–Shiller home price index reported the largest price drop in its history. [4] The credit crisis resulting from the bursting of the housing bubble is an important cause of the Great Recession in the United ...
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The median price for a single-family house in California surpassed $900,000 for the first time ever, according to the California Assn. of Realtors. In a first, most California houses sell for over ...
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