The performance of the CME Case Shiller home price Nov ’19 futures contracts varied by region during 2018. (I picked Nov ’19 (X19) as the Nov. cycles tend to have the best liquidity.)
Six of the ten regions were higher (with LAVX19 posting, by far, the largest gains of … Read More
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
Quotes on the CME Case Shiller home price index futures have been moving lower since month-end, and most notably somewhat in sync with the selloff in the stock market over the last two days. The price moves for the first two weeks of October have been larger than any monthly … Read More
Quotes on the CME Case Shiller home price index futures are mixed, and a hair lower, after this morning’s release of Case Shiller numbers. As illustrated in the table below, prices on the Nov ’19 (X19) BOS and LAX contracts are lower by one point, while the LAV and SFR … Read More
I had previously written about possible ways for market participants to play the impact of the prospects to changes in the Mortgage Interest Deduction (MID) in a blog on Oct 21 . Since this remains a timely topic, I again want to offer two opportunities for fans of the NAR’s … Read More
Quotes on the CME Case Shiller home price index futures are marginally higher this afternoon (relative to yesterday, and as measured by mid-market values) after this morning’s release of the Case Shiller indices. The biggest gain took place in the LAXX18 contract (where there was one trade today). DENX18 is … Read More
I’d like to take the data and work done by two of my favorite sources (Pulsenomics and Getting Real) to further illustrate two points that I’ve been making here over the past few months.
First, as part of their quarterly survey of home price expectations across 100 participants … Read More
Since home prices turned up in 2012 the California markets (i.e. LAX, SDG and SFR indices) have consistently outperformed the CUS-10 index.
The graph (to the right) shows year-on-year percent changes in the CUS-index (in black) along with those for LAX, SDG and SFR. It has been a near truism … Read More
Here’s my long overdue template for option quotes. I wanted to get this done for the month-end report AND to inquiries I’ve had for HCI (CUS 10-city index), LAX and NYM contracts. (I figured that I’d toss in numbers for CHI to show all four regions where one can post … Read More
I’d like to try and wake-up trading in the CME options. The CME has allowed electronic posting of option quotes on selected regional contracts (CUS, CHI, LAX and NYM) since 2012 but I am not aware of any sizable trades since a 35-lot in 2014.
However, unlike past efforts to … Read More