Robert Shiller: No Big Boom in Housing, Yet

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Jan 01, 2013
SUMMARY:

-"It's still too soon to call a bottom in housing, much less the start of a boom."

-"A lot of people seem to think that if the market turns around, that means more of the same, meaning another big boom. I don't think that's in the cards. We might see home prices go up a little bit, you know, a little bit above inflation, maybe. Not likely that we'll see a real boom"

-"His survey of home buyers would need to show greater enthusiasm for the market before he changed his tune."

Credit and Source: CNBC

Here is the video: