S&P CoreLogic Case-Shiller 10-City Composite Home Price Index

Not Seasonally Adjusted

SPCS10RNSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

362.80

Year-over-Year Change

3.35%

Date Range

1/1/1987 - 5/1/2025

Summary

The 'Not Seasonally Adjusted' data series tracks changes in home prices across the United States, providing a raw, unadjusted view of the housing market.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This S&P CoreLogic Case-Shiller index measures the average change in home prices for a typical single-family home in 20 major U.S. metropolitan areas. It is a widely-referenced gauge of broader housing market conditions.

Methodology

The index is calculated using a proprietary algorithm that analyzes home sales and mortgage data.

Historical Context

The 'Not Seasonally Adjusted' index is used by economists, policymakers, and real estate analysts to understand underlying trends in the U.S. housing market.

Key Facts

  • The 'Not Seasonally Adjusted' index has a base value of 100 as of January 2000.
  • Home prices have risen over 150% since the index's base year.
  • The index provides an unfiltered view of month-over-month and year-over-year price changes.

FAQs

Q: What does this economic trend measure?

A: The 'Not Seasonally Adjusted' index tracks changes in average U.S. home prices across 20 major metropolitan areas, providing an unfiltered view of the housing market.

Q: Why is this trend relevant for users or analysts?

A: This raw, unadjusted index is a key benchmark used by economists, policymakers, and real estate professionals to understand underlying trends in the U.S. housing market.

Q: How is this data collected or calculated?

A: The index is calculated using a proprietary algorithm that analyzes home sales and mortgage data.

Q: How is this trend used in economic policy?

A: The 'Not Seasonally Adjusted' index provides policymakers and analysts with an unfiltered view of housing market conditions, informing decisions around monetary policy, housing regulations, and economic forecasting.

Q: Are there update delays or limitations?

A: The index is published monthly with a 2-month lag, reflecting the time required to collect and analyze the underlying home sales data.

Related Trends

Citation

U.S. Federal Reserve, Not Seasonally Adjusted (SPCS10RNSA), retrieved from FRED.