Challenging the Case-Schiller Index Accuracy

Thursday, August 4, 2011

In housing stories, most times the S&P Case-Schiller Index is referenced. In fact, the big reason Case-Shiller is cited in this market is because of the 20 markets they watch, Minneapolis has seen some of the worst drops.

In their latest report, only one market had a double-digit drop in one-year change percentage for home sales... Minneapolis at 11.7%. But, Herb Tousley, director of the Master of Science in Real Estate Program at the University of St. Thomas, says their calculations are misleading...

Keep reading and watch the video: http://www.myfoxtwincities.com/dpp/news/herb-tousley-case-schiller-index-aug-3-2011

Originally published: 08/04/2011, Fox 9 News