Robert Shiller, economics professor at Yale University and co-creator of the S&P/Shiller home-price index, talks with Bloomberg’s Carol Massar about the US housing market. The S&P/Case-Shiller home-price index climbed 1% from the prior month, seasonally adjusted, after a 1.2% increase in July, the group said. From a year earlier, the gauge fell 11.3%, less than forecast. (The S&P/Case-Shiller Home Price Indices can be accessed here.)
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Source: Bloomberg (via YouTube), October 27, 2009.