Professor Nunes sent me this chart comparing the Case-Shiller national housing price index with the OFHEO index for the Pacific region only. The close correlation between the two is consistent with the hypothesis of Rebecca Wilder that the "national" Case-Shiller index does not represent well the nation as a whole.
Tuesday, July 7, 2009
C-S/OFHEO comparison from Professor Nunes
Labels:
housing market
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