The Differences & Advantages of Zillow’s Indices Over Repeat Sales Indices

On Monday, our Chief Economist, Stan Humphries, presented at the Urban Institute together with CoreLogic’s Chief Economist, Mark Flemming, on the differences between the Zillow Home Value Index and the CoreLogic Home Price Index. Below is the video of the presentation and a link to the slide deck that was presented.
The presentation covered index construction, as well as the main differences between a hedonic imputation index, like the Zillow Home Value Index, and a repeat sales index, like the CoreLogic Home Price Index.