Noted Housing Analyst Robert Shiller Says Market Not in a Bubble
Nobel Prize–winning economist Robert Shiller, co-creator of the S&P/Case Shiller Index, says home values in 20 major U.S. cities across the country are still climbing as a tight supply helps push prices higher. But in an interview with Yahoo Finance, Shiller dismissed talk that the U.S. housing market is approaching “bubble” territory. The S&P/Case-Shiller 20-City Composite Index rose 5.7% in January year-over-year, following a 5.6% annual gain in December. Eleven cities saw
