Consider the following statements about the repeast sales housing price indices.

I.Repeat sales indices are potentially inaccurate since they do not use housing characteristics

II.The most important assumption is that housing characteristics do change between sales.

III. Case Shiller Index is a repeat sales index.

Only II and III are correct.

All of I, II and III are correct.

Only I and II are correct.

Only I and III are correct.

Only I is correct.