Observations from past home price declines -how they might impact CME Case Shiller futures today.

I’ve compiled a table of home price changes over the last two large downturns (the post S&L crises, and Great Recession), and the current cycle, that should be of interest to people trading home price indices today.  I’ve also posed some questions (below) that people trading CME futures, or academics … Read More

Basics -How to start trading CME Case Shiller futures and and options (for retail accounts)

After multiple inquiries, I thought that I’d pull together my responses of FAQs related to “how do I trade CME housing futures” into one blog (that I will update over time).  If anyone has ideas that would improve this list, please feel free to contact me (johnhdolan@homepricefutures.com).

Understanding Reference Obligations: Read More

Diagram to reflect changes in forward SFR markets

The graph below may be the best way of illustrating several  points that are key to understanding home price futures, as well as the current debate over home price expectations:

  1. All home price indices (including Case Shiller) measure events that have taken place a couple of months ago.  Since traders
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