July 2018 US Case Shiller house price index data 25 September 2018
- Prior 0.1%. Revised to 0.2%
- 0.3% vs 0.5% exp m/m. NSA. Revised to 0.6%
- 5.9% vs 6.2% exp y/y. Prior 6.3%. Revised to 6.4%
- National HPI 6.00% vs 6.24% prior y/y
FHFA HPI also out
- HPI 0.2% vs 0.2% prior m/m. Revised to 0.3%
- 6.4% vs 6.5% prior y/y
A softening of house prices could further show the bite from rate hikes. It keeps the Fed happy that property prices aren’t running away but on the otherside, neither will they want to see a collapse.
Latest posts by Ryan Littlestone (see all)
- The last NFP competition of 2022 - December 1, 2022
- Will this month’s US NFP be a horror show? - October 4, 2022
- US NFP competition – Do you think there’s going to be a turn in the US jobs market? - August 31, 2022