January 2018 US Case Shiller house price index report 27 March 2018

  • Prior 0.6%
  • 6.40% vs 6.15% exp y/y NSA. Prior 6.30%
  • National HPI 6.18% vs 6.27% prior y/y NSA

Still more sideways action for this price indicator. Nov 2013 was the recent high at 13.7%. Pre-crisis prices were running at around 15%. Nothing bubbly for the Fed here, and Powell said as much at the last FOMC.

Ryan Littlestone

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