Case-Shiller index


Also found in: Acronyms.

Case-Shiller index

A family of S&P indices created by Karl Case, Robert Shiller, and Allan Weiss used to measure the nominal value of home prices in the U.S.  The Case-Shiller Indices, which are based on 20 metropolitan statistical areas (MSAs), use data on single-family homes sold more than once (resale homes) and re-sold sale prices to provide a weighted and quality-adjusted assessment of the real estate market.  Calculated each month by Fiserv, Inc., the family of indices consists of 20 MSA indices and two aggregated indices.
References in periodicals archive ?
The Case-Shiller index for home prices in 20 leading US cities fell 0.
The Case-Shiller index has gained acceptance and popularity to the point that its monthly release is one of the most watched, followed and talked about among all of the periodic economic releases.
A further 5 percent decline, not much larger than the Case-Shiller index measured for the first quarter, would push that percentage to 28 percent.
The Case-Shiller index measures sales of select homes in those cities compared with January 2000.
Unlike FHFA, which covers the entire country and reports the smallest decline, the Case-Shiller Index includes only 20 major metropolitan areas, most ofwhich experienced the brunt of the housing turmoil (markets where the boom was greatest and the bust has been the deepest), and therefore tends to depict the greatest variation in the total change.
The FHFA index shows prices actually improving in February, while the Case-Shiller index, which is narrower than the FHFA index in terms of geographic coverage but also includes nonconforming loans which the FHFA index leaves out, simply has prices falling at a slower pace.
economic news, the Case-Shiller index of home prices rose 10.
The monthly Case-Shiller index of city housing prices showed that prices rose a seasonally adjusted 1.
One of the more closely watched indicators of residential housing activity is the Standard & Poor's S&P Case-Shiller index, which tracks housing prices in select markets across the country.