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US Case-Shiller August 20-city house price index +1.0% y/y vs +1.6% expected

US Case-Shiller August 20-city house price index +1.0% y/y vs +1.6% expected
Prior was +0.1% y/y m/m price rise vs +0.7% expectedPrior m/m reading was +0.9%National monthly home price data from the FHFA:Prices +5.6% y/y vs +4.6% priorPrices m/m +0.6% vs +0.8% priorNote that these strong August numbers were all before the latest spike in 30-year fixed mortgage rates to 8%. The September and October data should be much softer. This article was written by Adam Button at www.forexlive.com... Read More
Posted: Oct 31 2023, 13:00
Author Name: forexlive
Views: 042056

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