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Wednesday, June 8, 2011

[REsource] Funny thing is, Case Shiller Doesn’t Reflect The Washington, DC Metro Area Housing Market

For the uninitiated I am now covering the Washington DC and Baltimore housing markets for MRIS, the largest MLS in the US and their wholly owned research analytics arm, RealEstate Business Intelligence (RBI). I periodically drop in on their blogs.

The much anticipated monthly S&P/Case Shiller Home Price Index was released today and the results are important, not because it provides an accurate description the current housing market (it doesn’t), but because it forms a foundation for consumer sentiment on the housing market…


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