The new CoreLogic HPI Forecasts™ is built on the concept that home price index modeling is an integrated discipline that must incorporate four key capabilities to achieve its full risk-reducing potential. Our approach alone includes all four of these capabilities:
CoreLogic HPI Forecasts integrates these capabilities into a unified home price modeling solution that can produce unprecedented predictive accuracy.
CoreLogic HPI Forecasts is based on a two-stage error-correction structural model that combines the equilibrium house price—as a function of real disposable income per capita—with short-run fluctuations affected by market momentum, mean-reversion, and exogenous economic shocks like the unemployment rate.
Our webinar introduces you to the new CoreLogic HPI Forecasts. The webinar examines the modeling frame, forecast results, and details of its featured elements.
CoreLogic HPI Forecasts can be an important tool in your competitive arsenal. Analysts, modelers, executives, business managers, and technical experts should take this opportunity to learn how integrated home price modeling can improve decisions and decrease risk.
To download the recording of the CoreLogic HPI Forecasts Webinar conducted July 18, 2013, please complete the form below.
CoreLogic HPI™—the basis of CoreLogic HPI Forecasts—incorporates more than 30 years’ worth of repeat-sales transactions, representing more than 65 million observations sourced from industry-leading CoreLogic property, securities, and servicing databases.
By tracking increases and decreases in sales prices for the same homes over time, CoreLogic HPI produces a more accurate "constant-quality" view of pricing trends than analytics of all home sales can do. It includes multi-tier market evaluations based on price, time between sales, property type, loan type (conforming vs. nonconforming), and distressed sales.
CoreLogic HPI offers the most comprehensive set of monthly U.S. home price indices available anywhere—covering 6,860 ZIP codes (58 percent of total U.S. population), 960 Core Based Statistical Areas (86 percent of total U.S. population), and 1,210 counties (84 percent of total U.S. population) located in all 50 states and the District of Columbia.
Our July 18th CoreLogic HPI™ Forecasts webinar featured the CoreLogic economists who led its creation and development and the product manager who oversees its implementation.