Introducing the US Price Feed and Additional Updates. API Product Release 0.10.0 Blog

June 30, 2023
min read
Introducing the US Price Feed and Additional Updates. API Product Release 0.10.0 Blog

0.10.0 API Update: Introducing the USA Price Feed

We are thrilled to introduce the Parcl Labs USA Price Feed, a groundbreaking addition to our market coverage. With this update, we provide access to the first-of-its-kind daily spot price, representing the price per square foot in the US housing market. This comprehensive price feed covers all 50 states, delivering an accurate and real-time representation of the US housing market. You can read more about how our price feeds are constructed for all markets in our Price Feed whitepaper.

Key Features:

  1. Daily Spot Price: Stay up-to-date with the latest pricing trends in the US housing market. Our United States Price Feed updates daily, providing you with real-time information to make informed decisions.
  2. Triangulated Data: We collect and analyze data from real-time sales and listings across all 50 states to ensure the most accurate and reliable price information available. Our advanced algorithms work tirelessly to provide you with precise market insights.
  3. True Price Information: Say goodbye to inflated or misleading pricing. Our Price Feeds deliver transparent, interpretable, and representative pricing data, empowering you to gauge the true value of the housing market every day.

Additional Updates

Refactored Endpoints, Improved Documentation, and Introducing the USA Price Feed

We're excited to bring you another round of updates to our API, designed to enhance your experience and provide even more valuable real-time real estate data. In this update, we've made several improvements and introduced a national addition to our market coverage. Here's a quick overview of the changes:

  1. Introducing the Parcl Labs USA Price Feed
  2. Refactor of date formats and introduction of the order parameter for the price feed history endpoint
  3. Refactor of the inventory endpoint into the housing_stock endpoint
  4. Introduction of a POST request for v1/price_feed/latest
  5. Improved documentation regarding data coverage

Refactor of Start and End Date Formats

We have updated the date formats for the start and end parameters in the price feed history and weather endpoints to align with the rest of our API. The previous format mm/dd/yyyy has been replaced by yyyy-MM-dd. For example, the new date parameter format is 2023-05-30. Additionally, we have introduced the order parameter, which allows you to specify the return order of historical data. The default order is descending (desc), but you can use asc to sort in ascending order. All three parameters (start, end, and order) are now optional, providing you with more flexibility in your data retrieval.

Refactor of Inventory to Housing Stock

We have made improvements to our inventory endpoints. The previous endpoints (current and historical inventory) have been refactored and renamed to housing stock (housing_stock/{parcl_id}/current and housing_stock/{parcl_id}/history). The functionality remains unchanged, but this change ensures accurate naming conventions and descriptions for a better user experience.

Introduce POST Request for the Price Feed Latest Endpoint

We are pleased to announce that you can now make POST requests to the price feed latest endpoint. This new feature allows you to pass a list of parcl_ids in the body of the request. To ensure a successful request, please include the following header: Content-type: application/json. Here's an example of the request body:

Improved Documentation Regarding Data Coverage

We understand the importance of transparent and comprehensive data coverage. To provide you with a better understanding of the available data, we have updated the documentation for certain endpoints. Specifically, we have added additional information to the descriptions of the absorption rate and listings endpoints, giving you insights into the data coverage for these specific endpoints.

Fix Error Message for Missing Parcl IDs in the Price Feed Latest Endpoints

We have addressed an issue regarding error messages when the parcl_id is not provided in the GET and POST requests for the price feed latest endpoint. Previously, a 500 error was returned, but now we have updated it to a more appropriate 422 error code.

Additionally, the API documentation now includes an example parcl_id to pass in, ensuring a smoother user experience.

We're committed to delivering powerful tools and reliable data to support your real estate analysis. With the 0.10.0 API update, we've made significant improvements to existing endpoints and introduced the groundbreaking Parcl Labs USA Price Feed. Take advantage of these new features and elevate your real estate analysis to new heights.

Stay tuned for more exciting updates coming soon!

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