Home Prices See Slowest Climb in Nearly Two Years

The video discusses recent changes in housing numbers, focusing on the S&P Case-Shiller index. It highlights a slight decline in the 20-city composite but notes a new national measure showing a small increase. The updated methodology suggests a less severe fall and faster recovery in home prices. Regional trends show Las Vegas leading in price gains, while Detroit is recovering. Overall, the housing market shows mixed signals with some positive trends.

What does the Case-Shiller index measure?

• The inflation rate

• The national unemployment rate

• The largest 20 metropolitan areas' housing prices

• The stock market performance

What change did S&P make to their home price index methodology?

• They included international markets

• They focused only on urban areas

• They excluded the 20 largest cities

• They introduced a national home price measure

How did the national home price measure perform recently?

• It increased by 5%

• It increased by 2/10 of a percent

• It remained unchanged

• It decreased by 1%

Which city is leading in home price gains according to the new data?

• Chicago

• Las Vegas

• New York

• San Francisco

Why is Detroit mentioned in the context of home price trends?

• It is on the list due to its low starting point

• It has the highest home prices

• It is experiencing a significant decline

• It has the most stable prices