Standard & Poor's has announced the acquisition of all rights previously owned by MacroMarkets LLC in the S&P/Case-Shiller Home Price Indices. The financial terms of the transaction, which includes the right to license and sublicense the indices for the development of financial products, were not disclosed. The home price indices track the prices of typical single-family homes in 20 metropolitan regions across the United States using the repeat-sales pricing technique pioneered by Karl Case and Robert Shiller, S&P said.
S&P Buys MacroMarkets' Stake in HPI
February 19, 2008, 2:00 p.m. EST 1 Min Read
