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CoreLogic To Enhance Frequency and Coverage of Case-Shiller Indexes

NationalMortgageProfessional.com
Jul 28, 2014

CoreLogic announced that it has accelerated the frequency and expanded the coverage of its CoreLogic Case-Shiller Indexes. Separately, the company unveiled a new report, Cash Investor Trends, that will track and report on cash and investor sales in all 50 states and in more than 34,000 ZIP codes. Both announcements were made today at the 26th annual CoreLogic RiskSummit in Dana Point, Calif. “At CoreLogic, we are always looking for new ways to deliver actionable information that will give our clients a more complete view of the housing market,” said Olumide Soroye, managing director, Information Services for CoreLogic. “The enhancements announced today will make the CoreLogic Case-Shiller Indexes an even better platform for modeling home price change and risk. Similarly, our new Cash Investor Trends report will be the most comprehensive and timely report on cash sales and institutional investor activities available in the market.” Beginning in July, CoreLogic Case-Shiller Index clients will receive the new index set monthly while a quarterly report will continue to be made available to the news media. The new index set will now leverage CoreLogic transaction data, broadening its geographical coverage with a net increase of more than 1,000 CoreLogic Case-Shiller Indexes nationwide, including an 89 percent increase in the number of single-family home indexes at the CBSA level and a 128 percent increase in the total number of condominium indexes. The new index will continue to employ the same Case-Shiller repeat sales index methodology, first developed by Karl Case and Robert Shiller. Co-op.
Published
Jul 28, 2014