Forex
globalreutersFebruary 25, 20251 Mins read
US December CaseShiller 20-city house price index +4.5% y/y vs +4.4% expected
globalreutersFebruary 25, 20251 Mins read - Prior was +4.3% y/y
- Monthly +0.5% vs +0.3% expected (+0.4% prior)
House price data from the FHFA:
- Prices +4.7% vs +4.2% y/y prior (revised to +4.5%)
- Monthly +0.4% vs +0.3% prior
These are some solid numbers that are a good pushback on some of the creeping bearishness around housing. That said, pricing is a lagging indicator.
This article was written by Adam Button at www.forexlive.com.
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