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Sep S&P Case-Shiller Home Price Index: +0.4% M/M vs. +0.4% expected, +0.5% prior (revised)....

Sep S&P Case-Shiller Home Price Index: +0.4% M/M vs. +0.4% expected, +0.5% prior (revised). +3.0% Y/Y vs. +2.9% expected, +2.0% prior (revised).
Comments (3)
  • bbro
    , contributor
    Comments (9167) | Send Message
     
    House prices are 2% undervalued compared to SP Case 20 Index...
    27 Nov 2012, 09:50 AM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    House prices are undervalued ... meaningless statement since housing markets are so location dependent. Seems like the speculators are eager to get this engine revved up again. Fair enough, it becomes a ripe short at some point.
    27 Nov 2012, 02:18 PM Reply Like
  • bbro
    , contributor
    Comments (9167) | Send Message
     
    "it becomes a ripe short at some point."

     

    In the fullness of time...
    27 Nov 2012, 03:27 PM Reply Like
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