Yale University Sterling professor of economics Robert Shiller provides expert analysis of the volatile real estate market as mortgage rates skyrocket.
Yale economist Robert Shiller provides professional analysis of the real estate market as the U.S. stock markets continue to slip on ‘Cavuto: Coast to Coast.’Thursday, Yale economist Robert Shiller analyzed America's red-hot housing market, arguing that the average home price is "slowly" beginning to soften amid buyer "uncertainty."Florida is a volatile state. It's glamorous. It's beautiful.
. People feel very uncertain and anxious. So there could be a reluctance to buy in the near future. And that would bring prices down. A for sale sign stands in front of a house, Tuesday, Oct. 6, 2020, in Westwood, Mas I don't like the word crash. It took six years to reach bottom after the 2005 peak. I'd like to talk in real terms. Real housing prices corrected for the CPI. And the peak was actually in December 2005, not 2007, 2008, as we think of. That was a delayed effect.
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