Risk of change in home prices can be hedged

Potential home buyers could've used CME Case Shiller home price index futures to hedge against the risk that the income needed to afford a home might rise between Jan 2020 and Jan 2024.

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Challenges in using averages of averages: Average Home price/Median Income

Presentations of average (or median) home price to median income can be misleading as it involves averages of averages. Income inequality may explain part of the rise in home price/income ratios.

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Four year performance of CME Case Shiller regional contracts_ long hedging

A review of the last four years of closes on the CME Case Shiller regional home price index contracts shows the benefit of "long hedging" to those worried about upside price moves.

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A review of Feb 2024 contract to revisit convergence and cash settlements (with third party forecasts)

Another expiration of quarterly contracts prompts me to review the concepts of cash-settlement and convergence, this time with some third-party forecasts.

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If five analysts say home price will rise 4%, who's the most bullish? Examining performance of home price indices

While all home price index methodologies are unique, the results of these differences may range from small to large. I conducted a review of seven indices to see the correlation across all.

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