Northeast Home Price Index
Definition:
The Northeast Home Price Index is calculated by taking the arithmetic mean of the Case Shiller Home Price index for the two Northeast cities of Boston and New York. The S&P/Case-Shiller Home Price Indices are calculated monthly using a three-month moving average and published with a two month lag. The index is not seasonally adjusted, and it is deflated by the Consumer Price Index.
Source:
Standard and Poor’s
Frequency:
TBD Increasing home prices in the New England area increases the amount of retirees, and Florida is a high destination spot for the New England area.
