Re: Looking up last few years of prices in real estate. What do i look
As far as a market prediction, you've got a couple of options. One is to go by stuff like vacancy rates, inventory levels, price of housing relative to rents, etc. Most of these indicators suggest prices will keep falling. But predictions are only predictions.
If you want to see what the market is predicting, you can look at the futures based on the S&P Case-Shiller index, traded on the CME. I am not quite sure how to read these prices, but theoretically you can derive an implied prediction from them. Also, I think they are fairly thinly traded, so that would also call into question the strength of their predictive power.
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