The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index is an index that measures home prices in the United States. This index is jointly created and published by S&P Dow Jones Indices and CoreLogic Case-Shiller.
The index represents the change in home prices across the United States using a composite of 20 city indices that represent major metropolitan areas. It is calculated as a percentage change on a year-over-year basis and uses seasonally adjusted data.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index is used to understand trends in the housing market and track and compare the performance of home prices. It is considered an important tool for evaluating the overall health of the housing sector and analyzing market trends.
The index uses repeated valuations to measure changes in the housing market. Each month, the index updates the data for previous months and adds new data. This allows the index to track changes in home prices over time and identify trends.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index is used by investors, real estate professionals, and economists to gain insights into the health and direction of the housing market. It can also be used to assess risks in the housing sector, make investment decisions, and analyze changes in home prices.
In conclusion, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index is an index that measures home prices in the United States. It is considered an important tool for tracking and evaluating trends in the housing market and is frequently used by investors and economists.