Leverage daily data to adapt to changing market dynamics
Daily Home Price Flash℠ provides a report of daily home prices, sales and other housing metrics for single-family residential real-estate transactions in nearly all states and more than 200 top U.S. metros. With this solution, you can view the most current home-price movements to help make more informed business decisions.
GET STARTEDGain timely insights to improve your decisions
In addition to providing near real-time data on home prices and sales, Daily Home Price Flash provides daily data on several market indicators, including the number of new listings, number of off-market listings and the median time it takes to sell a property.
Get near real-time home prices to better predict pricing changes
Daily Home Price Flash provides near real-time data to help you better predict home-price changes and estimate the timing for changes in the market. Other housing price reports, such as home price indexes (HPIs), are released monthly or quarterly. In addition, typical home price indices are “noisy” – meaning much of the data cannot be understood or interpreted correctly by machines.
To normalize this, our platform uses daily local MLS data and the median sold price per square foot of living area as the basic home-price metric.
Easily consume and analyze the data in a cloud-based data and analytics marketplace. Daily Home Price Flash is available in the Rapid Analytics Platform (RAP), ICE’s cloud-based enterprise data and analytics solution. RAP transforms the way companies leverage data and enables decision-science strategies in their workflow. Designed for real-time, high-speed processing, RAP allows you to perform advanced analytics with instant access to ICE data, and seamlessly join your own and third-party data.
Rapid Analytics Platform℠
The Rapid Analytics Platform℠ (RAP℠) can help you significantly reduce the time, effort and costs required to analyze large data sets and create analytic models. This innovative, cloud-based solution provides a single, turnkey platform for users to access diverse data assets and run advanced analytics. With its real-time, high-speed processing capabilities, RAP delivers exceptionally fast results – even in the most complex cases.