Tuesday, January 11, 2011

Blog Assignment #2

Case Shiller Index

1. Homeowners, stock brokers, investors, real estate agents and agencies, and politicians would be interested in this statistic.

2. The financial services company Standard and Poor's collect this statistic by evaluating real estate prices across the United States. They report pricing indices monthly (with a 2 month lag).

3. Composite 10 July 2010: 162.23
Composite 10 August 2010: 162.01
Composite 10 September 2010: 161.03
Composite 10 October 2010: 159.03
The Case Shiller index shows dropping real estate value over the past few months for the Composite 10 (10 major metropolitan statistic areas).

Source: http://www.standardandpoors.com/indices/sp-case-shiller-home-price-indices/en/us/?indexId=spusa-cashpidff--p-us----

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