CoreLogic, a global property information, analytics and data-enabled services provider, has augmented the CoreLogic HPI and CoreLogic HPI forecasts with the addition of Market Condition Indicators, enhanced analytics that identify individual geographic markets as “overvalued,” “at value” and “undervalued.”
“The approach is widely used in the market industry by academics,” Bradley said. “We have a model that relates house prices to underlying fundamentals like per-capita disposable income, construction costs and migration."