S&P CoreLogic Case-Shiller 10-City Composite Home Price Index
SPCS10RSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
356.93
Year-over-Year Change
3.30%
Date Range
1/1/1987 - 5/1/2025
Summary
The S&P CoreLogic Case-Shiller 10-City Composite Home Price Index tracks changes in the value of residential real estate in ten major U.S. metropolitan areas. This metric is a key indicator of the health of the U.S. 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
The Case-Shiller 10-City Composite Index measures the average change in home prices across 10 major U.S. cities, providing a broad assessment of national housing trends. It is a widely referenced benchmark for analyzing real estate price movements and can inform policy decisions and investment strategies.
Methodology
The index is calculated using a proprietary repeat-sales methodology that tracks price changes for the same properties over time.
Historical Context
This index is closely monitored by economists, policymakers, and real estate investors to gauge the state of the U.S. housing market and its impact on the broader economy.
Key Facts
- The index uses a base value of 100 as of January 2000.
- The 10 cities included in the composite are Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco, and Washington, D.C.
- The index reached an all-time high in June 2022.
FAQs
Q: What does this economic trend measure?
A: The S&P CoreLogic Case-Shiller 10-City Composite Home Price Index measures the average change in home prices across 10 major U.S. metropolitan areas.
Q: Why is this trend relevant for users or analysts?
A: This index is a widely watched indicator of the health of the U.S. housing market, providing insights that are crucial for policymakers, real estate investors, and economists analyzing broader economic trends.
Q: How is this data collected or calculated?
A: The index is calculated using a proprietary repeat-sales methodology that tracks price changes for the same properties over time.
Q: How is this trend used in economic policy?
A: Movements in the Case-Shiller Index are closely monitored by the Federal Reserve and other policymakers to gauge the state of the housing market and its impact on the broader economy, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published with a two-month delay, and the data is subject to periodic revisions as more sales transactions are incorporated.
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Citation
U.S. Federal Reserve, S&P CoreLogic Case-Shiller 10-City Composite Home Price Index (SPCS10RSA), retrieved from FRED.