Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Case-Shiller Home Price Index

What it is:

The Case-Shiller Home Price Index refers to a set of indices released by Standard and Poor's that tracks changes in the value of residential real estate.

How it works (Example):

There are several "Case-Shiller" indices to track changes in a variety of markets. Separation allows tracking of the national home price, a 20-city composite, a 10-city composite, as well as 20 individual metropolitan areas.

The numbers are calculated monthly by following repeat sales of single-family homes. Statistics are released after a two month lag on the last Tuesday of every month.

Why it Matters:

The Case-Shiller Home Price Index is the most frequently referenced barometer of the U.S. residential housing market. Options and futures based on this index can be traded on the Chicago Exchange.