Shiller Says It’s More Than Stimulus Driving Home Prices

VERY DISAPPOINTING THAT BLOOMBERG STOPPED EMBEDDABLE VIDEO AT YOUTUBE.

I WILL MOSTLY AVOID NONEMBEDS IN THE FUTURE . . .

Robert Shiller, an economics professor at Yale University and co-creator of the S&P/Shiller home-price index, talks with Bloomberg’s Carol Massar about the U.S. housing market. The S&P/Case-Shiller home-price index climbed 1 percent from the prior month, seasonally adjusted, after a 1.2 percent increase in July, the group said today in New York. From a year earlier, the gauge fell 11.3 percent, less than forecast.

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Case-shiller Aug 09
Oct. 27 (Bloomberg)

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