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- Flawed House Price Indices, Flawed Reporting
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In the comments, Jerome asks about this article at MarketWatch discussing the various measures of house prices: Home-price data has its flaws The S&P/Case-Shiller index, which Tuesday posted a 12.7% decline for February, is skewed for two reasons of its own — it tracks just 20 major markets, many among the hardest hit, and its “repeat sales” survey by design pulls in individual homes both bought and sold in the last few years. …
Original Source: feeds.feedburner.com/CalculatedRisk
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2 May, 2008| housingblogs |
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