by Calculated Risk on 2/08/2008 10:15:00 AM

From Reuters: OFHEO's DeMarco-Mortgage delinquencies on the rise (hat tip Housing Wire)

Edward DeMarco, deputy director of the Office of Federal Housing Enterprise Oversight, told an audience of securities analysts that his organization in March would begin publishing a monthly index of home prices in an effort to better track trends.
...
Another closely watched home price gauge is reported on a monthly basis: the Standard & Poor's Case-Shiller series. S&P/Case-Shiller also provides quarterly views.

"Both indices have fallen off a cliff recently," DeMarco told the analysts.

The somewhat comparable series from S&P/Case-Shiller is the quarterly series.