HOUSING DERIVATIVES

S&P/Case-Shiller Certificate Issued.... In Germany

The German exchanges Xetra and EUWAX have listed a security called "Open End Index Certificate on the S&P Case-Shiller Housing Composite Index Future."  The ISIN is DE000HV55614 and the WKN is HV5561.  The product is issued in Euros and has yearly redemption dates.  This is the first listed SPCS certificate.

All opinions expressed herein are those of the author, and no statement should be as an offer to buy or sell any futures contract, or security or option or other derivative instrument. Trading of all such futures, securities, options and other derivative instruments entails significant risk which can result in substantial financial loss. Such risks should be fully understood prior to trading.  Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment advisor before making any investment decisions.

Hedging Your House With Futures

SeekingAlpha posted a study about using CME housing futures to hedge your home.

All opinions expressed herein are those of the author, and no statement should be as an offer to buy or sell any futures contract, or security or option or other derivative instrument. Trading of all such futures, securities, options and other derivative instruments entails significant risk which can result in substantial financial loss. Such risks should be fully understood prior to trading.  Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment advisor before making any investment decisions.

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New Housing Metric Introduced - The Drink/House Price Inversion

Economics Made Easy has published a potential trading algorithm for housing derivatives markets that uses per capita alcohol drinking habits in MSAs.

Their statistics show "... there is a negative correlation (cities with more 'frequent "heavy" drinkers' have experienced greater declines in their home values, all else equal)."

European Property Derivatives To Get Listed Contracts

The Eurex, the derivatives exchange of the Deutsche Boerse, is planning to list European property derivatives contracts.  The indices will be the IPD commercial property data sets. 

Altos Research August 2008 Housing Report

Altos Research has published their August 2008 Real-Time Home Market Update.  The report shows housing price and supply trends.

Radar Logic May 2008 Housing Report

Radar Logic published their latest US housing report.  Of the 25 MSAs covered, 23 showed declines on a year-on-year basis, consistent with last month's report.  Transaction counts rose seasonally.