Items Tagged with 'Robert J. Shiller'


  • So, Where Will Housing Double Dip?

    I'm going to spend today's column presenting the results of some ad-hoc research I've recently been doing, looking at where we can expect a double-dip in housing to hit the hardest -- and whether it's enough to matter in the context of the national mortgage market.
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  • Home Prices Fell at Record Rate in Fourth Quarter: Survey

    Home prices fell at a record pace in December, with 20 of the nation's largest metropolitan areas recording an annual price decline of 9.1 percent during 2007. According to the Standard & Poor's/Case-Shiller national price index, prices fell 8.9 percent during the fourth quarter compared to one year earlier, the largest drop in the series' 20-year history.
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  • Home Prices Drop Most in Over Two Decades During Third Quarter

    An index of national housing prices dropped the most in over two decades during the third quarter, fresh evidence that the nation's housing slump is likely far from over. The S&P/Case-Shiller indices, release this morning, registered a 1.7 percent decline nationally during the third quarter of 2007 -- the largest quarterly drop in the 21 year history of the index.
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  • Housing Prices Fall for 8th Consecutive Month

    U.S. housing prices continued their downward slide in August 2007, according to the latest S&P/Case-Shiller housing indices released this morning. The 10-city composite index -- the original composite index before a 20-city composite was introduced earlier this year -- fell 5 percent from year-ago levels and is at its lowest value since June 1991. A newer 20-city composite recorded a decline of 4.4 percent.
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  • S&P/Case-Shiller: Housing Performance Worst in 16 Years

    The Standard & Poor's/Case-Shiller Housing Price Indices are out today, and show that the yearly price performance in the traditional 10-city index during July was the worst since 1991 -- the 10-city composite for July 2007 was down 4.5 percent versus 2006 levels. Check out the longitudinal trending here:
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  • S&P/Case-Shiller Indices 'Plummet,' Enter Negative Territory

    January data released today by Standard & Poor's for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices in the United States, shows home price composites plummeting into negative terrain. S&P said that annual returns of the composite indices shows the 10-City Composite and the 20-City Composite down 0.7 percent and down 0.2 percent, respectively, from January of 2006. “The annual declines in the composites are a good indicator of the dire state of the U.S. residential real estate market,� says Robert J. Shiller, chief economist at MacroMarkets LLC.
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