Update on housing price insurance

Just in time for the apparent top of the housing market, the Chicago Mercantile Exchange is introducing futures and options on housing prices in 10 cities for the second quarter of 2006. (Here’s an overview of the products, and CME’s White Paper on the topic.)

Here is the Slate article.

Addendum: Here is further analysis, from a new blog on risk markets.

Comments

Comments for this post are closed