US home prices steady | Cross River Real Estate

Case Shiller Home Price Index in the United States is expected to be 182.37 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Case Shiller Home Price Index in the United States to stand at 179.06 in 12 months time. In the long-term, the United States S&P Case-Shiller Home Price Index is projected to trend around 159.65 Index Points in 2020, according to our econometric models.

 

 

Forecast Actual Q1/16 Q2/16 Q3/16 Q4/16 2020 Unit
Case Shiller Home Price Index 183 182 182 180 179 160 Index Points
United States S&P Case-Shiller Home Price Index Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States S&P Case-Shiller Home Price Index using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for – United States S&P Case-Shiller Home Price Index – was last predicted on Tuesday, March 29, 2016.
read more….
http://www.tradingeconomics.com/united-states/case-shiller-home-price-index/forecast

This post was last modified on March 29, 2016 9:02 am

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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