Powerful statistics about home values within your market

Common questions about the index

• *What is the role of an index calculation agent?

  The index calculation agent, Solactive AG, is responsible for accurately computing the REZITRADE Home Price Indexes on a monthly basis using our published Index Methodology document. This involves implementing all calculations involved in deriving the final index values each period. Having an unaffiliated third-party expert provide independent calculation enhances the integrity and objectivity of the indexes.

• *How are home price indexes constructed and calculated?

  Major methodologies used to construct home price indexes include: median sales price approaches based on arms-length transactions; repeat sales models tracking appreciation of individual properties; and hedonic models accounting for property attributes. Index composition varies based on factors like specific property types included (e.g. single-family homes, condos, new construction), geographical coverage, types of transactions incorporated, weighting schemes, and segmentation methods. Sophisticated statistical techniques are utilized to process raw housing transaction data and derive final index values.

• *How often are the REZITRADE Home Price Indexes updated?

  The REZITRADE Home Price Indexes are calculated on a monthly basis and published within 45 days after the end of each month. For example, the July 2023 index would be released in mid-September 2023. This strict monthly release schedule provides timely insight into the latest housing price trends. The indexes can be accessed via our website, data feeds, financial platforms, and authorized redistributors on the scheduled update dates.

• *Are the REZITRADE Home Price Indexes composite indexes and why?

  A composite index aggregates multiple component indexes into a single combined benchmark. The REZITRADE Home Price Indexes are composite indexes that incorporate stratified median home prices across property types, age cohorts, and price tiers into an overall representation of housing market pricing. Composite indexes provide a comprehensive view of market performance. The approach used in constructing the REZITRADE Home Price Indexes is detailed in our Index Methodology document.