Another Housing Bubble? “Maybe Not in Our Lifetimes”: Robert Shiller

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Another Housing Bubble? “Maybe Not in Our Lifetimes”: Robert Shiller

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Another Housing Bubble? “Maybe Not in Our Lifetimes”: Robert Shiller

by DailyTicker 2:30 mins

Single-family home prices rose in August, posting their strongest annual gain in more than seven years, according to the S&P Case-Shiller home price index data released Tuesday. And while home prices have risen close to 16% over last year, still, the pace of appreciation has slowed. And in some markets the year-over-year price action has been steeper, leading economists like cofounder of the S&P Case/Shiller home price index and 2013 Nobel Prize-Winner in economic sciences to worry about bubbly action.

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