Intra Entry: HPI
Dear Diary,
Twenty minutes ago my boss asked me to develop an internal Home Price Index ("HPI"). What!?! Are you kidding me? How am I supposed to do that?
How am I, a lonely Sr. Analyst, going to develop a Home Price Index that is so good our company will use it to allocate for loss reserves. I can see the Wall Street Journal headlines now:
"Wonder boy analyst develops ground-breaking index. Predicts California will fall into the Pacific Ocean. Home values are expected to decline as a result."
.
2 comments:
Use the case/shiller index on the S&P site.
All that stuff came out today, so it's as current as you can get.
http://www2.standardandpoors.com/portal/site/sp/en/us/page.article/2,3,1,0,1145923002722.html
Superfreeman: We use Case/Shiller, C.A.R. and OFHEO for our indices, but the boss-lady wants to develop an internal index too.
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