What is the Case Shiller home price index?

Case Shiller Home Price Index in the United States increased to 325.09 points in March from 320.05 points in February of 2024.

Can new homes be included in a Case-Shiller index?

That means new homes must be bought and then resold before their prices can be included in the Case-Shiller sample. Case-Shiller indexes track so-called arms-length sale transactions: those where the sale price reflects market value because the buyer and seller were each acting solely in their own best interest.

How long does a Case-Shiller index last?

Each month's index data reflects transactions for three months, so that the Case-Shiller indexes for June, published at the end of August, reflect transaction prices in April, May, and June, for example.