Case-Shiller Home Prices Near Expectations in November 2013

Written by Steven Hansen The non-seasonally adjusted Case-Shiller home price index (20 cities) for November 2013 (released today) declined slightly but showed the 18th consecutive monthly year-over-year gain in housing prices since the end of the housing stimulus in 2010.

The American Jury Is Still Out; But the European Judge Condemns the Prisoner

Age of Wisdom, Age of Foolishness (11) Written by Adam Whitehead, KeySignals.com Age of Wisdom, Age of Foolishness (10) “The American Jury is Out, But the European Jury Has Voted”[i] reported on the unfolding courtroom dramas, on both sides of the Atlantic, in relation to the verdict on the economic recovery. Last week, the American …

Why are Housing Inventories Low?

Written by John Lounsbury Econintersect: The question asked in the headline is the title 0f an Economic Letter Economic Letter posted by William Hedberg and John Krainer of the San Fransisco Fed. They point out that inventories of houses on the market have been quite constrained even as house prices have risen significantly in many …