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Shiller says it’s more than stimulus driving home prices « Investment Postcards from Cape Town

Shiller says it’s more than stimulus driving home prices

By Prieur du Plessis, on October 29th, 2009 posted in: Housing, Investment

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Robert Shiller, economics professor at Yale University and co-creator of the S&P/Shiller home-price index, talks with Bloomberg’s Carol Massar about the US housing market. The S&P/Case-Shiller home-price index climbed 1% from the prior month, seasonally adjusted, after a 1.2% increase in July, the group said. From a year earlier, the gauge fell 11.3%, less than forecast. (The S&P/Case-Shiller Home Price Indices can be accessed here.)

Click here or on the image below to view the interview. (There is no longer embedding available for the Bloomberg videos on YouTube.)

Source: Bloomberg (via YouTube), October 27, 2009.

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Read more on U.S. Housing Market, at Wikinvest

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