Case-Shiller National Home Price Index

## What this measures

This index tracks changes in the price of single-family homes across the United States using a repeat-sales method, which compares prices of the same properties over time. It is set to 100 in January 2000.

## Why it matters

Rising home prices affect the cost of expansion or relocation, the value of real estate holdings, and the wealth of employees and customers. Sustained increases signal tightening housing affordability, which can shape talent attraction, wage pressures, and regional demand for goods and services.

## How to read it

A rising index means home prices are increasing; a falling index means they are declining. Compare the current level to 100 to see cumulative change since January 2000, or compare across periods to measure price growth or contraction.

## What it does not say

The index does not indicate the number of homes sold, the affordability of housing relative to incomes, or prices in specific metro areas or property types beyond single-family homes.

## Source

Palanor pulls this series from the FRED API, which distributes the S&P CoreLogic Case-Shiller U.S. National Home Price Index. The index is published by S&P Dow Jones Indices.