Archives by Tag 'case-shiller index'

Feb recap (finally) posted

By blogadmin - Last updated: Wednesday, March 4, 2015

I just got around to posting my recap of activity in the CME Case Shiller futures contracts for February.  Anyone living in the Northeast knows that shoveling snow and chipping ice is taking WAY TOO MUCH of my time.   The … Read More

Recap Post CS#’s

By blogadmin - Last updated: Tuesday, February 24, 2015

Wow!  In four years of market making I can’t recall seeing so many Case Shiller numbers reported outside the bid/ask range of the expiring contract.  In addition, while there have been occasions when the futures were too high or too … Read More

Mid Feb recap

By blogadmin - Last updated: Wednesday, February 18, 2015

It’s been a quiet (silent) month in the CME  Case Shiller futures with no trades.  Bid/Ask spreads continue to grind in, and edge higher  (in search of a level that Feb MTD changeswill prompt a trade?) across almost all expirations and regions.  … Read More

Dec/ Year-end Recap of CME activity

By blogadmin - Last updated: Thursday, January 1, 2015

I’ve posted a recap of activity in the CME Case Shiller futures for December in the Reports section, or you can access it here. I’ve also updated a set of graphs (here) of all 11 regional contracts … Read More

CME Case Shiller Futures post #’s

By blogadmin - Last updated: Tuesday, October 28, 2014

Quotes on all of the Nov ’14 CME Case Shiller futures edged lower after the release of this morning’s monthly CS indices, as illustrated in the row highlighted in yellow “One Day Price Moves”.  That line shows the change in … Read More

Reconciling falling SA prices with higher forward levels

By blogadmin - Last updated: Wednesday, October 1, 2014

Over the last few months headlines have simultaneously touted rising AND falling home prices (or at least indices).  As seen in the table below, nominal, non-seasonally adjusted (NSA) home prices have continued to grind higher (albeit at ever slower implied … Read More

Mid September update on CME CS Futures

By blogadmin - Last updated: Monday, September 15, 2014

There’s not a lot to update.  Bid/Ask spreads have been inching tighter on a number of contracts (see summary table below). Activity seems to be concentrated in the front contracts, and in regions where there was some trading in August … Read More

More post-Aug color. Surprises lead to large moves, trades

By blogadmin - Last updated: Wednesday, August 27, 2014

There were 12 trades yesterday.  All took place in X14 contracts across six regions (CUS, CHI, LAX, SDG, SFR and WDC).  As is typical for the limited trading in the CME housing contracts, the trades took place a) on a … Read More

CME market color post CS release

By blogadmin - Last updated: Tuesday, August 26, 2014

This morning’s Case Shiller numbers were generally weaker than the CME markets “expected” as the updated value of six indices were below the bid side of the CME market on the expiring Aug 2014 contract from the day before.  (Only … Read More

Pre-Aug Case Shiller release

By blogadmin - Last updated: Friday, August 22, 2014

Trading in the Aug ’14 (Q14) contract will wind down on Monday as we await the release of the June CS #’s on Tuesday Aug. 26th.   It has been a quiet summer market with only a few trades in the … Read More