The ‘Futures’ of Housing…

Dennis Norman, St Louis REALTOR - Housing Futures - Home Prices - Radarlogic - CBOE Futures ExchangeRadar Logic, a source I often tap for housing market data, announced that, in cooperation with CBOE Futures Exchanges, they are introducing housing futures in the form of tradable contracts. These contracts will be based upon “RPX”, Radar Logic’s real estate price metric.

So, just like you can invest on corn futures, oil futures and many other commodities, you can now “bet” on the future of home prices as well. These futures contracts will be based upon the Radar Logic 28-day real estate index and will begin trading on October 27th. For more info click here.

 

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