I blew the Case-Shiller report on Tuesday, and didn't figure it out until now. Month M-O-M Y-O-Y March ’13 +2.0% +12.1% April ’13 +2.8% +14.7% May ’13 +3.2% +17.3% June ’13 +2.8% +19.3% July ’13 +2.0% +20.4% August ’13 +1.8% +21.5% September ’13 +0.9% +20.9% From the...
With home prices soaring in many U.S. metropolitan areas, there’s already talk of another home price bubble. Just last week, researchers at Trulia Inc. identified more than a dozen markets around the country where home prices are slightly ahead of fundamentals —...
Quotes off yesterday's Case-Shiller Index report: http://www.cnbc.com/id/101152271 "I define a bubble as a time when people have extravagant expectations, and the expectations are driving home price increases," said Robert Shiller, Case-Shiller index co-founder and...
The pace of the non-seasonally-adjusted SD index is still less-torrid: Month M-O-M Y-O-Y March ’13 +2.0% +12.1% April ’13 +2.8% +14.7% May ’13 +3.2% +17.3% June ’13 +2.8% +19.3% July ’13 +2.0% +20.4% August ’13 +1.8% +21.5% Slow deceleration is...
Congratulations to Robert Shiller for winning the Nobel Prize! Trish Regan: "Then why buy a home? People trap their savings in a home. They're running an opportunity cost of not having that money liquid to earn a better return in the market. Why do it?" Robert...
While the real estate market has been bubbling, Robert J. Shiller doesn't think we are in a real estate bubble. At least not yet. Shiller who, along with Karl Case, developed the S&P/Case-Shiller Composite Home Price Index, wrote a column for the this Sunday's...
Two excerpts, the first from: http://www.businessinsider.com/shiller-starting-to-worry-about-a-bubble-2013-9 In general, real estate markets are hot right now and I know I’ve never seen so much building and activity in the San Diego area as I do today. And if you ...
Shiller also said that a housing slowdown would be a good thing, and I agree. Thanks to avgjoe for sending this in!
The non-seasonally-adjusted SD index moving at a less-torrid pace: Month M-O-M Y-O-Y March '13 +2.0% +12.1% April '13 +2.8% +14.7% May '13 +3.2% +17.3% June '13 +2.8% +19.3% July '13 +2.0% +20.4% “Home prices gains are holding their 12% annual rate of gain established...
An excerpt from cnbc.com's interview with Robert Shiller: CNBC: We have the twenty-city up double-digits for the fourth straight month. what do you make of that? RS: Well, obviously, we are in a housing recovery, at least for the short term. I have always been less...
