LAV -The quintessential region for home price index trading?

My sense is that the best conditions for a home price index hedging market exist when you have:

  • Pronounced different views on the future
  • Recent history to color participants interest (or need?) in hedging
  • A mindset that trading (or hedging, betting) is an acceptable activity.

No regional market satisfies these … Read More

Oct recap of activity in CME Case Shiller futures – busiest month in the last year.

I’ve posted a recap of activity in the CME Case Shiller home price index contracts for October.  The recap is in the Reports tab or you can access here.

Highlights of recap include:

–There were 22 futures contracts traded in October, across 6 expirations, and 3 regions.  Trading, and … Read More

CME Markets post this morning’s Case Shiller #’s

Quotes on the CME Case Shiller home price index futures are generally lower by about 1/2 point per contract, after this morning’s release of the monthly Case Shiller numbers.  The table below shows prices for the 11 Nov. 2019 contracts (X19) comparing yesterday versus today.  The LAV and WDC contracts … Read More