Home-price appreciation is a central factor for household confidence and spending strength. Price gains will also draw in more supply to the housing sector which in turn should give a boost to still uneven sales levels.
Recent History Of This Indicator:
Home-price appreciation, as measured by the FHFA house price index, is expected to bounce back in September, to a consensus plus 0.4 percent vs plus 0.3 percent in August. Despite lack of available homes on the market, home prices have been soft and have not been contributing much to consumer momentum.
Home-price appreciation, as measured by the FHFA house price index, is expected to bounce back in September, to a consensus plus 0.4 percent vs plus 0.3 percent in August. Despite lack of available homes on the market, home prices have been soft and have not been contributing much to consumer momentum.
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