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US Case-Shiller 20-city house price index +4.2% y/y vs +4.2% expected

  • Prices up 4.2% y/y vs +4.6% prior
  • Prices down 0.2% m/m vs -0.4% prior non-seasonally adjusted
  • Prices up 0.3% vs +0.2% expected, seasonally adjusted

Separate housing data from the FHFA:

  • Prices +0.4% m/m vs +0.7% prior
  • Prices +4.5% y/y vs +4.5% prior

Home builders have been one of the worst-performing sectors in Q4 as rates have risen.

This article was written by Adam Button at www.forexlive.com.

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