You are now leaving RussellInvestments.com. The following link may contain information concerning investments other than those offered by Russell Investments, its affiliates or subsidiaries. Neither Russell Investments nor its affiliates are responsible for investment decisions made with respect to such investments or for the accuracy or completeness of information about such investments. The material available on this site has been produced by independent providers that are not affiliated with Russell Investments. Descriptions of, references to, or links to products or publications within any linked web site does not imply endorsement of that product or publication by Russell Investments. Any opinions or recommendations expressed are solely those of the independent providers and are not the opinions or recommendations of Russell Investments, which is not responsible for any inaccuracies or errors.
+/- 1 standard deviation of S&P/Case-Shiller Composite-20 City Home Price Index YoY % Change figures fall into this range.
Data represent historical month end values
Frequently Asked Questions
What is it?
The S&P/Case-Shiller Home Price Index is a measurement of U.S. residential real estate prices, tracking changes in top 20 metropolitan regions. This indicator value represents the trailing year over year % change in the home prices index as of last month-end.
Why is it important?
Residential real estate represents a large portion of the US economy and the Home Price index helps us monitor the value of real estate.
How do we interpret it?
Rising value levels indicate an improving economy and increased homeowner wealth. Declines in the value usually indicate the opposite.
Typical historical range
As of December 31, 2023, +/- 1 standard deviation* of historical month-end values have ranged from -3.54% to +13.88%.1