California-based real estate data and analytics firm CoreLogic has acquired Case-Shiller from Fiserv Inc.

Case-Shiller, founded by nationally recognized housing economists Karl ‘Chip’ Case and Robert Shiller, produces the highly regarded monthly Case-Shiller housing indexes which track U.S. housing prices, as well as providing a variety of economic and housing analysis for corporations and investors. 

Despite the acquisition, the monthly indexes will continue to be released to the public on the same schedule by Standard and Poor’s, under an existing licensing arrangement between the two firms. In addition, CoreLogic will continue to produce and release its own monthly house price index, the CoreLogic HPI, again on the same schedule, according to a spokesman for CoreLogic. Versions of the index produced for private and corporate clients will be re-branded as the CoreLogic Case-Shiller Indexes. 

"The CoreLogic HPI and the Case-Shiller Indexes are complementary measures of home price trends utilizing the same baseline methodology of repeat home sales," the firm said in a statement.

Dr. David Stiff, chief economist for Case-Shiller, will continue to supervise the preparation of the CoreLogic Case-Shiller Indexes and comment on the findings of those indexes. Dr. Mark Fleming, chief economist for CoreLogic, will continue to supervise the preparation of the CoreLogic HPI reports and comment on the findings of those reports.

The deal closed on March 20.