FAIR TRADER

Through Mindful Spending, we aim to slowly harness a small portion of the world's collective purchase power to support Fair Trade companies.

Friday, October 13, 2006

Housing Market Futures Contracts

With prompting from Robert Shiller (the guy who put together this graph), the Chicago Mercantile Exchange has launched futures contracts covering 10 U.S. Metro Areas. Business Week has an article comparing the futures markets, with econometric analysis. Some people feel that there is not enough trading/liquidity, so the futures prices may be unreliable.

You can check out contract descriptions here.

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