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The national indices. The S&P CoreLogic Case–Shiller U.S. National Home Price Index is a composite of single-family home price indices for the nine U.S. Census divisions. It is calculated monthly, using a three-month moving average. The S&P national index is normalized to have a value of 100 in the January 2000.
The Case-Shiller index has a long lag time as a monthly tracking index. Typically, it takes about 2 months for S&P to publish the results, as opposed to 1 month for most other monthly indices and indicators. In addition, specific indexes are available for specific metropolitan areas and composite indexes for the top 20 and 10 metro areas ...
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 States .
On a three-month running average ended in June, prices nationally were 5.4% higher than they were in June 2023, according to data released Tuesday. Despite being a record high for the index, the ...
In addition to the 5.4 percent overall increase, June numbers increased annually for both of Case-Shiller’s composite indices as well, with the 10-city index up 7.4 percent and the 20-city index ...
Robert J. Shiller. Robert James Shiller (born March 29, 1946) [4] is an American economist, academic, and author. As of 2022, [5] he served as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management 's International Center for Finance. [6] Shiller has been a research associate of the National Bureau ...
Prices increased 5.4% nationally in June when compared with the previous year, the S&P CoreLogic Case-Shiller index showed on Tuesday, down from the 5.9% pace recorded the previous month.
By Christopher S. Rugaber WASHINGTON -- U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers ...