levin70

California Home Sales: 43% Year Over Year Increase!

I think you need to go back to school and do more research. The case schiller index comprises 20 MSA, not 20 cities. Those 20 metropolitan statistical areas comprise over 70% of the total US population. In addition, the case schiller index tracks resales of all homes within those MSA's, not just sales that meet the conforming loan limits. The real story is in-between the number from the case schiller index and the ofheo numbers.

Regards