The challenges of affordability measures at very low interest rates

Affordability measures become more sensitive when interest rates are very low.

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July recap of activity in S&P Case Shiller home price index contracts (on CME)

Activity in the S&P Case Shiller home price index agreements was quiet during July. I've posted 20-page recap of activity on the CME, and my efforts to generate interest in OTC trades. #realestate, #housingderivatives, #homeprices, #CME, #caseshiller

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Post Case Shiller #'s (July 30)

Case Shiller home price index futures (housing derivatives) are slightly lower this morning after CS #'s.

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Hedging Canadian Home Price Risk

Canadian home price index hedging seems possible using the same HPHF approach I've tried to use on US cities. Canadian index values, and home prices, present unique challenges as some prices are already headed lower, are more volatile, and are impacted by political forces beyond supply and demand.

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