Here’s an update of quotes across the CME Case Shiller home price futures contracts from early April 16th. I’ve posted as there’s been quite a bit of bid/ask spread compression since March 29th both by regions and across the expirations. For example CHI bids are 6.4 points higher, while offers … Read More
I’ve posted a recap of activity in the CME Case Shiller home price index futures (and options) for March in the Reports section (or you can link here). The report contains tables of prices, price changes, graphs of historical and forward prices, and quotes on inter-city and calendar spreads. … Read More
Quotes on the CME home price index futures were little changed after the release of Tuesday’s Case Shiller numbers. The table shows prices from the Nov ’18 contract, from Mar 26th (the day before #’s were announced) and as of the end of trading on Mar 27th. Changes in mid-market … Read More
I’ve posted a brief recap of activity in the CME Case Shiller home price index contracts to the Reports section (or you can access here).
Highlights include:
–There were 3 futures contracts traded in Dec. in 3 regions across 2 expirations. There were no options trades.
–Volume for … Read More
Prices on the CME home price index futures were slightly higher after this morning’s release of the Case Shiller indices. The table below shows the market quotes on the expiring Nov ’17 contract from yesterday, versus the actual CS #’s released this morning. I would highlight three surprises: DEN and … Read More
Quotes on the CME Case Shiller home price index futures are marginally higher this afternoon (relative to yesterday, and as measured by mid-market values) after this morning’s release of the Case Shiller indices. The biggest gain took place in the LAXX18 contract (where there was one trade today). DENX18 is … Read More
I posted a recap of activity in the CME Case Shiller home price futures contracts for June. You can access in the Reports section or via this link.
The 28-page report contains numerous tables and graphs of relevant information, including a section
with graphs, prices and put option quotes … Read More
I posted a recap of activity in the CME S&P Case Shiller home price index futures and options for May. The recap is in the Reports section or one can link here.
The key themes in recap include:
–There were 12 futures contracts traded in April across 6 regions and … Read More
Much has been written elsewhere on the possible impact of a Trump Presidency on home prices. There are macro issues (e.g. mortgage rates and the fate of the GSEs) as well as possible relative value regional issues (e.g. who will benefit from increased spending on infrastructure vs. who will be … Read More