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.

This blog is a set of answers to FAQs related to the question -"How do I get started trading Case Shiller contracts".

I've posted a review of one might use different forms of home price index derivatives in hedging strategies.

Intercity Spreads are a useful tool when trading CME Case Shiller home price index futures. IC trades allow users to see, or express views on, relative performance between two regions, or more often, a regional contact and the 10-city index.

CME Calendar Spreads may be useful for either expressing a view on HPA, for 2020, across ten regions.

Market can complement historical analysis and forecasts to help users form their outlook. The CME Case Shiller calendar spread markets might be a useful tool for forming views on where home prices are headed in 2020.

I've posted a summary of activity in the CME S&P Case Shiller home price index contracts for November. YTD volume is the highest in 5 years (although only a tiny fraction) of where is could/should be.

I’ve created an entity called Home Price Hedging Fund (“HPHF”) to facilitate OTC trading in home price indices. While I remain of the view that the CME platform is the most transparent, pure-play on forward home price indices, I have received a number of requests from readers looking to express a view on home price indices not referenced by the CME Case Shiller contracts. HPHF was created to try to serve those readers’s needs.

Looking to jump-start Seattle home price hedging agreements.

The CME Case Shiller home price index futures are about unchanged (at an aggregate level). The table below illustrates quotes for the Nov '19 expiration (X19) for the ten-city index contract (HCI) as well as the ten regional components. Bids, Asks, and Mid-market levels are shown from late yesterday and earlier this morning.

I've posted a recap of activity in the CME S&P Case Shiller home price index contracts for Q1.