Case-ShillerYOY% and BTCUSD are Correlated = Danger for BTCUSDThis bodes ill for BTCUSD at a time when housing prices and rent are a national policy priority
Key data points
Last release
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Observation period
Jan 2025
Next release
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Forecast
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Highest
21.30 % on Apr 30, 2022
Lowest
−19.00 % on Jan 31, 2009
About United States Case Shiller Home Price Index YoY
The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index measures changes in residential house prices in 20 metropolitan regions in the United States: Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, San Diego, San Francisco, Seattle, Tampa and Washington D.C.
Is the housing market under stress?This chart shows AMEX:XHB the Homebuilders ETF vs ECONOMICS:USCSHPIYY the Case Shiller House Price Index YoY...
What do you notice?
Well, one data set is lagged by the other.
Housebuilders are far more sensitive and closer to the macroeconomic realities and housing supply and demand than the
Real Estate Is Rolling OverToday we are taking a look at the Case Shiller Home Index on a year-over-year chart as well as a price chart and using basic, long-term technicals to identify issues and opportunities. I believe we are heading into a recession over the next few years but we will have to see what crazy government pro
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