What Today's Housing Market Numbers Really Mean

Today's mixed numbers from the Case-Shiller price index have some prognosticators wondering if the housing market has plateaued.

U.S. home prices posted their largest annual gain since 2005 and increased 11.3% in Q4 compared to the previous year. However, growth slowed toward the end of the year, particularly in December.

Money Morning's Capital Wave Strategist Shah Gilani joined FOX Business' "Varney & Co." today (Tuesday) and broke down the most revealing statistics from today's housing numbers.

Watch as Gilani also gives his take on LinkedIn Corp. (NYSE: LNKD) stock right now, and explains to viewers why he's a "reluctant bull" in today's market:

The Case-Shiller price index released some mixed numbers about the housing market today. These are the housing figures that bear watching.

What do you think about the housing market numbers that were released today? Is this a housing bubble? Let us know on Twitter @moneymorning using #HousingMarket.

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