What is the S & P/Case-Schiller Home Price Index?
Thursday, February 10th, 2011(February 10, 2011) At 9 A.M. Eastern Standard Time, on the last Tuesday of every month, McGraw-Hill’s Standard & Poor’s Unit releases the Case-Schiller Home Price Index for the previous month, just like clockwork.
The news media love it: “Breaking news” on housing they can schedule into their calendar months in advance, just like DataQuick’s monthly median home sales price reports.
Conversely, Case Schiller must love the media. If it’s the last Tuesday of the month, Case-Schiller will on the radio, be all over the internet, in the networks’ evening news, and in the next day’s paper.
There’s one thing to love about the Case Schiller Home Price Index, and at least two (more…)