September 2018 US Case shiller and FHFA house price data 27 November 2018

  • Case Shiller 20 City HPI 0.3% vs 0.2% exp m/m SAPrior 0.9%
  • NSA 0.0% vs 0.0% prior m/m
  • 5.1% vs 5.2% exp y/y. Prior 5.49%. Revised to 5.53%
  • National HPI 5.51% vs 5.77% prior y/y. Revised to 5.69%

FHFA HPI Sep

  • 0.2% vs 0.4% exp m/m. Prior 0.3%
  • 6.0% vs 6.1% prior y/y

Nothing frothy in house prices but if they start to fall that would play into the other data we’re seeing being affected by rate hikes.

Ryan Littlestone

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