Housing has More Momentum than the Stock Market – Shiller

Case-Shiller Index co-author Robert Shiller spoke with FOX Business Network’s (FBN) Melissa Francis about his thoughts surrounding the rise of housing numbers today. Shiller said that he believes “the housing market has more momentum than the stock market” and it will “continue to go up in the short run.”


On the momentum of the housing market:

“The housing market has more momentum than the stock market, so I expect it to continue to go up in the short run. The longer run is always unclear. It’s a speculative market and I’m not joining the crowd who is saying that this is a major turning point. We don’t know that yet.”

Courtesy of Fox Business Network

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.