How many Case Shiller home price indices are there?

There are multiple Case–Shiller home price indices: A national home price index, a 20-city composite index, a 10-city composite index, and twenty individual metro area indices. These indices were first produced commercially by Case Shiller Weiss.

What is the Case-Shiller home price index?

Case-Shiller Home Price Index: National is at a current level of 316.58, up from 315.30 last month and up from 297.56 one year ago. This is a change of 0.41% from last month and 6.39% from one year ago. The Case-Shiller National Home Price Index is a composite index of the single-family residential real estate values in 9 US Census divisions.

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.