- 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.