Briefs, Notes & White Papers

Revisiting the Differences between the OFHEO and S&P/Case-Shiller House Price Indexes: New Explanations

Author:

​Andrew Leventis, Principal Economist

​This Office of Federal Housing Enterprise Oversight (OFHEO) research paper analyzes the potential causes of the differences between the OFHEO House Price Indexes (the “HPI”) and home price indexes produced by S&P/Case-Shiller. The paper updates a research note published by OFHEO in July 2007. This paper is part of OFHEO’s ongoing effort to enhance public understanding of the nation’s housing finance system.