Saturday, May 31, 2008

Case/Shiller futures for Los Angeles, -43% by 2010

I was perusing Housing Derivatives this morning and they had a chart comparing the high point of the Los Angeles Case/Shiller index against the price people are investing on for November 2010 through CME Housing Futures.

When the article was written on the 27th of May current pricing was suggesting a 43% fall. As of Friday it stands at over 44%. The LA Case/Shiller index topped at 273.94, November 2010 pricing is 152.20.

No comments: