Embed Size (px)
DESCRIPTION
OFHEO vs. Case-Shiller. - PowerPoint PPT Presentation
Citation preview
OFHEO vs. Case-Shiller
OFHEO Case-Shiller
- Purchase Price and Refinance Appraisals
- Purchase Price
- Mortgage data from Fannie Mae and Freddie Mac
-Mortgage data comes from county records
- Equally weights all prices. - Value-weighted, giving more weight to higher priced homes
- covers all states; important when some areas are growing rapidly.
-no data from 13 states
![JOINT CENTER FOR HOUSING STUDIES of Harvard University · While OFHEO uses a similar index construction methodology (the WRS method of Case and Shiller [1987]), ... Middle Atlantic](https://img.pdfslide.net/doc/110x75/60186c3a1d86f523f2118757/joint-center-for-housing-studies-of-harvard-university-while-ofheo-uses-a-similar.jpg)
