A couple of days ago, Radar Logic’s RPX housing futures index went live.

What does it do? The index gives you an idea of where the national real estate market is today. It uses recent past sales to gauge what will happen in the near future.

Or, as they put it:

The Radar Logic Daily Index is a single, statistically accurate value representing the price per square foot paid in a defined metropolitan area on any given day. Data is gathered from public source records and then translated by our proprietary algorithms into an accurate reflection of the values paid in actual arms-length real estate transactions.

RPX includes condo and co-op sales (as well as single-family sales) and also original sales (from developers) and resales. It includes data from 24 metropolitan areas throughout the US.

There are two other indexes, each more-well known, but they have their own weaknesses.

From the Herald / Washington Post:

OFHEO [U.S. Office of Federal Housing Enterprise Oversight] reviews homes bought or refinanced using mortgages purchased by industry giants Fannie Mae and Freddie Mac.

However, it omits condo refinancings, as well as transactions involving “jumbo� loans or mortgages

Case-Schiller index covers the full gamut of mortgages, including the limited-documentation and subprime loans that caused such problems recently.

But unlike OFHEO, Case-Schiller excludes all refinancings. It also has limited or zero data from 42 U.S. states, because of either legal restrictions or a lack of electronic records from local courthouses.

So, as a consumer, which one should you follow?

Why, all of them, of course!

The indexes are just more information. Read as much as you can, then make your decision.

More: A tale of two housing-price indexes – By Kenneth R Harney, The Washington Post, by way of The Boston Herald

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Updated:  1st Q 2018

Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


Back Bay

Beacon Hill

Charles River Park


North End

South End

Seaport District

South Boston



Surrounding Communities of Boston
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



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