Home price derivatives

Ozgur Ergungor ()

Economic Commentary, 2007, issue Jan

Abstract: Until recently, homeowners had no way to protect the value of their homes against losses that could result from housing market downturns. With the derivatives contracts introduced by the CME last year, homeowners now have some means of protection, and new and better products are more likely to follow from them.

Keywords: Housing; -; Prices (search for similar items in EconPapers)
Date: 2007
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