CoreLogic, a global property information, analytics an data-enabled services provider, has accelerated the frequency and expanded the coverage of its CoreLogic Case-Shiller Indexes and unveiled “Cash Investor Trends.”
The Cash Investor Trends report will track and report on cash and investor sales in all 50 states and in more than 34,000 ZIP codes. It’s designed to provide a more complete picture of the dynamics of the mortgage and real estate markets. The report will track the percentage of cash sales, purchase by institutional investors, mean and median sales prices for cash and investor sales transactions, the type of sale and the type of property.
CoreLogic Case-Shiller Index clients will now receive the new index set monthly while a quarterly report will continue to be made available to the news media. The new index set will broaden its geographical coverage with a new increase of more than 1,000 CoreLogic Case-Shiller Indexes nationwide, including an 89 percent in the number of single-family home indexes at the Core Based Statistical Area level and a 128 percent increase in the total number of condominium indexes.
“At CoreLogic, we are always looking for new ways to deliver actionable information that will give our clients a more complete view of the housing market,” said Olumide Soroye, managing director, Information Services for CoreLogic. “The enhancements announcements will make the CoreLogic Case-Shiller Indexes an even better platform for modeling home price change and risk. Similarly, our new Cash Investor Trends report will be the most comprehensive and timely report on cash sales and institutional investor activities available in the market.”