We had a number of questions in the Tuesday chat on rental rates compared to home prices. One asks for comments on current rental rates compared to home prices, another asked if there is a hypothesis on correlation or possibly causation between rents and prices and a third asked for a long term picture while [...]
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Sales pairs illuminate slowdown in home sales
Each month we publish the number of sales pairs used in the calculation of the S&P/Case-Shiller Home Price Indices. Data are collected on sales of specific single-family homes or condos. Each sale price is considered a data point. When a home is resold, months or years later, the new sale price is matched to the [...]