3 ms·
Home prices are already set to decrease (although arguably not by enough to make a difference) Here is the home price futures market on the Chicago Mercantile
by harambae 4y ago
Home prices are already set to decrease (although arguably not by enough to make a difference)
Here is the home price futures market on the Chicago Mercantile Exchange. It's a thinly traded market, but it's in clear backwardation. Expected to hit -12.7% from current levels if you wait 2 years. Will take a while to get back to where it is now.
https://www.cmegroup.com/markets/real-estate/residential/SandP-case-shiller-price-index.html https://www.cmegroup.com/markets/real-estate/residential/San...
They have more specific futures markets by metro