Case-Shriller Index

The Standard & Poor's Case-Shriller U.S. National Home Price Index is updated on the monthly basis on the last Tuesday of each month at 9:00 AM ET and is a composite of single-family home price indices for the nine U.S. Census divisions. The Case-Shriller consists of 20 metropolitan area indices and two composite indices. The index is based on single-family home re-sales ( co-ops and condominiums are exempted as is new construction) with two or more sales transactions and is used to measure changes in existing home prices. The Case-Shriller index is normalized to have a value of 100 in January 2000.