I just wanted to post a quick update to changes in price quotes on the CME Case Shiller home price futures contracts post this morning’s numbers. (See table below)
On balance prices of the front Nov ’15 contract (the one most sensitive to updates to the spot index) were about unchanged. Mid-Market levels on some contracts (e.g. BOS, CHI, SFR) were quoted slightly higher, while others (e.g. MIA and SDG) are slightly lower. Bid/ask spreads remain about the same. While there were 3 trades on Friday (in CUSX15 and SFRX15) there have been no trades (yet) today.
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