A widely recognized measure of U.S. residential real estate prices, particularly focusing on changes in the price of single-family homes in specific cities.
A penthouse is a luxury housing unit generally located on the top floor of a high-rise building. It commands a premium rental or sales price due to its exclusive features and expansive views.
The Standard & Poor's Case-Shiller Home Price Index tracks changes in the value of the residential real estate market, measuring the health and fluctuations in property values in various regions across the United States.
Upgraders are individuals or families who currently own a home and are in the process of seeking to buy a new one that they consider an improvement over their current residence, often referred to as 'move-up' buyers.
