- Prices rose by 4.2% y/y compared to +4.6% previously
- Prices are lower by 0.2% m/m compared to -0.4% before non-seasonal
- Prices rose by 0.3% compared to +0.2% expected, seasonally adjusted
Separate housing data from FHFA:
- Prices +0.4% m/m compared to +0.7% previously
- Prices +4.5% y/y compared to +4.5% previously
Homebuilders were one of the worst performing sectors in Q4 as rates rose.
This article was written by Adam Button at www.forexlive.com.
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