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200
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)Directional changes in home price trends appear in the the RPX before the S&P/Case-Shiller index.
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Transaction DateRPX Composite S&P/Case-ShilIer 20-City Composite
Source: Radar Logic Inc.
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quar
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otRPX prices are calculated using transaction records collected over no more than 28 days, while repeat-sales indices, like the S&P/Case-Shiller index, use data collected over 90 days. Moving averages of RPX prices can be used to predict other indices.
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28-Day RPX Composite (90-Day Moving Average)
S&P/Case-ShilIer 20-City Composite
Source: Radar Logic Inc.
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Since April, an 11-week moving average of the RPX Composite has reliably predicted the S&P/Case-Shiller 20-City Composite.
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28-Day RPX Composite (11-Week Moving Average), published as of 7/22/2010S&P/Case-Shiller 20-City Composite, published as of 7/22/2010Forecast of May 2010 CSI 20-City Composite, to be released 7/27/2010
Source: Radar Logic Inc.
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