HOUSING DERIVATIVES

S&P/Case-Shiller Index - July 2008 Release

S&P/Case-Shiller Index - July 2008
CME	Jul 07	Jun 08	Jul 08	Jun 08 v Jul 08	Jun 08 v   Jul 08	Jul 07 v  Jul 08
Bos	171.77	162.31	162.58	0.27	0.17%	-5.4%	Bos
Chi	166.13	150.13	149.60	(0.53)	-0.35%	-10.0%	Chi
Den	139.23	131.66	132.67	1.01	0.77%	-4.7%	Den
LV	219.91	158.51	154.15	(4.36)	-2.75%	-29.9%	LV
LA	260.84	195.74	192.55	(3.19)	-1.63%	-26.2%	LA
Mia	260.39	189.87	186.84	(3.03)	-1.60%	-28.2%	Mia
NY	208.36	194.39	192.92	(1.47)	-0.76%	-7.4%	NY
SD	229.66	175.37	172.20	(3.17)	-1.81%	-25.0%	SD
SF	208.64	159.83	156.88	(2.95)	-1.85%	-24.8%	SF
WDC	232.17	197.60	195.49	(2.11)	-1.07%	-15.8%	WDC
10-C	216.30	180.43	178.46	(1.97)	-1.09%	-17.5%	10-C
	Jul 07	Jun 08	Jul 08	Jun 08 v  Jul 08	Jun 08 v  Jul 08	Jul 07 v Jul 08
Atl	136.47	125.08	125.23	0.15	0.12%	-8.2%	Atl
Char	135.60	133.64	133.20	(0.44)	-0.33%	-1.8%	Char
Clev	118.66	109.67	109.35	(0.32)	-0.29%	-7.8%	Clev
Dal	126.30	122.38	123.16	0.78	0.64%	-2.5%	Dal
Det	111.86	92.68	93.21	0.53	0.57%	-16.7%	Det
Min	164.97	141.50	143.43	1.93	1.36%	-13.1%	Min
Pho	210.78	153.19	149.09	(4.10)	-2.68%	-29.3%	Pho
Port	186.51	175.03	174.21	(0.82)	-0.47%	-6.6%	Port
Sea	192.30	178.28	176.51	(1.77)	-0.99%	-8.2%	Sea
Tamp	217.14	175.11	175.07	(0.04)	-0.02%	-19.4%	Tamp
20-C	198.71	167.69	166.23	(1.46)	-0.87%	-16.3%	20-C

Housing Price Appreciation Forecast

Calculated Risk posted an analysis that looks at projections for US housing price appreciation. 

Macro Shares For S&P/Case-Shiller Indexes

SeekingAlpha is reporting that an equity market listing for S&P/Case-Shiller Home Price Indexes will be launched this autumn.  These shares will track the price path of single family homes.

Australian Housing Indexes To Be Launched

The Australian Securities Exchange (ASX) is developing residential property derivatives. 

Housing Market - June 2008 RPX Housing Report

Radar Logic published its June 2008 RPX Monthly Housing Market Report.  Of note is the increased motivated sales counts within lower overall sales counts.