Here's a short piece on the logistics of HPHF Agreements referencing home price indices from ParclLabs.

I've updated the template for Ratio Agreements to highlight the implied forward values for Feb '25-'27. There is also a section with housing economic news. Please review, critique and guide me to other metros that you'd like to see referenced.

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.

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.

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.