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US October CaseShiller 20-city worth index +4.9% y/y vs +4.9% anticipated

  • Prior was +3.9%
  • 20-city m/m index +0.6% vs +0.6% anticipated (prior +0.7%)

FHFA information:

  • Costs y/y +6.3% vs +6.1% prior
  • Costs m/m +0.3% vs +0.6% prior

The autumn in US rates of interest will present a lift to the US housing market within the months forward.

This text was written by Adam Button at www.forexlive.com.

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