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What Today's Housing Market Numbers Really Mean

By , Money Morning

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: