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US Feb Case-Shiller 20-city house price index +0.4% y/y vs 0.0% expected

Prior was +2.5% y/y (revised to +2.6%)Prices +0.1% m/m vs -0.4% expectedA year ago, everyone was bearish on US housing and despite the fastest Fed hike ever, prices are flat. The FHFA numbers -- which are national rather than 20 cities, are even more rosy.y/y prices +4.0% vs +5.3% priorm/m prices +0.5% vs +0.1% priorThere are signs the housing market is picking up from here with supply meaningfully constrained. This article was written by Adam Button at www.forexlive.com... Read More

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Case shiller

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Posted: Apr 25 2023, 13:00

Author Name: forexlive

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