Gupta, Rangan; Miller, Stephen M. - 2009
Mac provides a means of measuring typical price inflation for houses
within the U.S. The Freddie Mac data consist of both … same
property over time to account for quality changes, the Conventional Mortgage Home Price Index
(CMHPI) of the Freddie … the price index falls
in Los Angeles (i.e., 2007:Q1), the pattern of forecasts into the future fall monotonically (See …