by Calculated Risk on 6/30/2009 09:30:00 AM
Tuesday, June 30, 2009
Case-Shiller House Prices and Stress Test Scenarios
Please see: Case-Shiller: Prices Fall in April for the seasonally adjusted composite indices.
NOTE: I'm now using the Seasonally Adjusted (SA) composite 10 series.
This graph compares the Case-Shiller Composite 10 SA index with the Stress Test scenarios from the Treasury (stress test data is estimated from quarterly forecasts).
Click on graph for larger image in new window.
The Stress Test scenarios use the Composite 10 index and start in December. Here are the numbers:
Case-Shiller Composite 10 Index, April: 151.27
Stress Test Baseline Scenario, April: 152.90
Stress Test More Adverse Scenario, April: 146.95
So far prices are tracking between the two stress test scenarios.