- The Case-Shiller Index tracks values for single-family homes only
- The Case-Shiller Index is distorted by distressed, discounted home sales
- The Case-Shiller Index publishes on a 2-month lag
Case-Shiller Index Shows Home Values Rising Nationwide
According to the S&P/Case-Shiller Index, home values rose 2.2% nationwide, with all 20 tracked markets making month-to-month improvement. On an annual basis, 17 of the 20 Case-Shiller Index markets improved.
Despite the positive report, however, our enthusiasm for the May Case-Shiller Index should be tempered. This is because the index's methodology is less-than-ideal for today's Parkland & Coral Springs home buyer.
There are three main reasons why :
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