Shiller Still Not Sure Housing Has Bottomed

Yale Economist and housing guru Robert Shiller says he thinks housing prices will continue to rise for a few months, but he’s not sure the upswing will continue after that — and he doesn’t think another housing boom is coming any time soon. “A lot of people seem to think that if the market turns around, that means more of the same, meaning another big boom,” Shiller tells CNBC. “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.”

Screen shot 2012-12-20 at 10.24.10 PM