Friday, December 29, 2017

Zillow Case-Shiller Forecast: More Solid House Price Gains in November

Friday: • At 9:45 AM ET, Chicago Purchasing Managers Index for December. The consensus is for a reading of 61.8, down from 63.9 in November. The Case-Shiller house price indexes for October were released on Tuesday. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Svenja Gudell at Zillow: Case-Shiller October Results and November Forecast: Still Defying Gravity The last few months of 2017 have clearly demonstrated the extent to which the housing market refuses to be knocked off its stride. Sales of......(read more)
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