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U.S. S&P/CS HPI Composite - 20 s.a. MoM

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U.S. S&P/CS HPI Composite - 20 s.a. MoM

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Delivery Method

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Status

 
Latest Release
Feb 23, 2021
Actual
1.3%
Forecast
1.3%
Previous
1.5%
House price index is a statistic designed to reflect the average change of house prices across the country or a certain area.It ensures that the relative importance of different property types in different regions remains fixed throughout the life of the index.Different adjustment must be used as no two houses are identical. Therefore characteristics such as physical attributes of a house or its location should be included in the calculation if the index. Rising house prices are likely to increase consumer confidence and consumer spending which lead to rising aggregate demand. This can have two effects. On one hand it causes higher economic growth. However, on the other hand, it might contribute to inflation. Increased consumer spending is usually aimed at imported goods thus higher house prices cause current account deficit.
Importance:
Country:
Currency: USD
Source: Standard and Poor
U.S. S&P/CS HPI Composite - 20 s.a. MoM
 
Release Date Time Actual Forecast Previous
Feb 23, 2021 (Dec) 09:00 1.3% 1.3% 1.5%
Jan 26, 2021 (Nov) 09:00 1.4% 1.0% 1.6%
Dec 29, 2020 (Oct) 09:00 1.6% 1.0% 1.4%
Nov 24, 2020 (Sep) 09:00 1.3% 0.7% 1.4%
Oct 27, 2020 (Aug) 08:00 0.5% 0.5% 0.7%
Sep 29, 2020 (Jul) 08:00 0.6% 0.3% 0.0%

News

Top 5 Things to Know in the Market on Tuesday
Top 5 Things to Know in the Market on Tuesday By Investing.com - Nov 26, 2019

Investing.com -- More happy talk from China on trade, while Fed Chairman Jerome Powell sees the economy's glass as "more than half full" (so no more rate cuts for now). Elsewhere, eBay keeps up...

Top 5 Things to Know in The Market on Tuesday
Top 5 Things to Know in The Market on Tuesday By Investing.com - May 28, 2019

Investing.com -- These are the top 5 things you need to know in financial markets on Tuesday, May 28. 1. Wall Street set to open mixed Stock markets are set to reopen flat after the Memorial Day...

Analysis

Kathy Lien
FX Traders Look To Trump As USD, EUR Soar By Kathy Lien - Apr 25, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Forex traders are not the only ones hanging their hopes on Donald Trump, who plans to make a big announcement on tax reform on...

S&P/CS HPI Composite - 20 s.a. (MoM) Discussion

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