Here we go again with all the nonsense reporting of the Case Shiller Index, a 3 month moving average of house sale transactions that took place in November, December and January, and was reported today as representing the end of March. Why does anyone care about the value of a moving average of transaction prices…
Tag Archive for Case Shiller Index
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
Peak Housing, Peak Fraud, Peak Suburbia and Peak Property Taxes
by Charles Hugh Smith • • 0 Comments
Peak Housing reflects not just a credit bubble but Peak Fraud and Peak Suburbia.
Once again pundits are claiming that housing is “finally recovering.” But they’re overlooking three peaks: Peak Housing, Peak Financial Fraud, and Peak Suburbia, all…
Lee's Free Thinking, Must Read
The Trouble With Case Shiller, Again
by Lee Adler • • 1 Comment
The Case Shiller housing price index was released this morning and, as usual, it’s getting lots of media attention. I have no problem with that, except for one minor detail. It is a worthless and misleading indicator of current housing market conditions. Back in 2010 I wrote a public article called The Trouble With Case…
Bears Chat, Best of the Forums
Can Americans Stomach a Second Housing Crash?
by Bears Chat at The Wall Street Examiner • • 0 Comments
Professor Robert Shiller, one of the founders of the Case Shiller Index has made recent headlines by stating rather calmly that home prices will likely fall another 10 to 25 percent in the upcoming years. Of course, this can happen either through a…
Charts, Economics, Housing
Case Shiller’s Double Dip Has Come and Gone
by Lee Adler • • 0 Comments
The S&P/Case Shiller Home Price Indices reported Tuesday are, as usual, so far behind the curve that not only did they miss the “double dip” that has come and gone, it will be at least July or August before it reports an apparent upturn in prices in March and April. S&P’s view of the data…
Bears Chat, Best of the Forums
Minneapolis, Basket Case
by a Wall Street Examiner • • 0 Comments
When it comes to home values, Minneapolis has apparently surpassed even Detroit as the nation’s economic basket case.
The Minneapolis area had the worst one-month drop in the resale price of homes (seasonally unadjusted) from December to January of …
Bears Chat, Best of the Forums
The Eight States Running Out of Homebuyers
by a Wall Street Examiner • • 0 Comments
So much for “Buy a House…Then Buy Another”…..
The single biggest problem in the U.S. real estate market is simple: There are very few homebuyers.
That seems obvious, but the “buyers’ strike” has caused house prices to drop, along with an …
Bears Chat, Best of the Forums
The Bubble Is Back and Everyone’s A Bull
by a Wall Street Examiner • • 0 Comments
Lots of interesting data in this Business Insider piece…
Sentiment figures from the American Association of Individual Investors, The National Association of Active Investment Managers and the Investment Company Institute’s mutual fund cash l…
Economics, Housing, Liquidity Trader, Professional Edition
Second Phase Housing Crash Hidden From Public – Professional Edition
by Lee Adler • • 0 Comments
A hidden catastrophe is unfolding in the US housing market. Mainstream media outlets are not telling the story because they are focused on misleading data like the just released Case Shiller Index which showed only a small decline in September. In reality, real time market data indicates that the housing market is undergoing a renewed…
Housing, Liquidity Trader, Professional Edition
When a Gain is Just a Lie – Professional Edition
by Lee Adler • • 0 Comments
The holy grail of housing market pundits, the Case Shiller Index, reported a 1% month to month gain for the month of July, which is possibly the most misleading this index has ever been. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days.…
