Recent History Of This Indicator:
Home sales have been on the rise and appear to be getting a boost from price discounting. The FHFA house price index posted gains of only 0.2 percent in both July and June for the weakest showings of the economic cycle. The year-on-year rate, which had been at 6.0 and 6.3 percent in April and March, has come in at 5.6 percent the last two reports.
Home sales have been on the rise and appear to be getting a boost from price discounting. The FHFA house price index posted gains of only 0.2 percent in both July and June for the weakest showings of the economic cycle. The year-on-year rate, which had been at 6.0 and 6.3 percent in April and March, has come in at 5.6 percent the last two reports.
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