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Shiller on U.S Housing

Price Indices, Mortgage Rates and Other Issues
Posted by John McClelland on December 28, 2011 in No Category
Robert Shiller, co-creator of the Case-Shiller home price index and one of the few who publically proclaimed that we were in a housing bubble, is asked by Bloomberg to comment on several different datasets. He makes the important distinction between short-term measurements and overall trends, with a particular emphasis on the consumer confidence numbers. Dr. Shiller is asked if he believes it is a good time to purchase a home, at least for someone who expects to be in an area for an extended period. His rep... read more
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