US: HOUSING PRICE INDEX RISES 0.7% IN MAY VS 0.2% EXPECTED... dari anbiru

26 Jul 2023, 00:29 · Views 123

House prices in the US continued to rise in May.
US Dollar Index stays in positive territory near 101.50.

House prices in the US rose by 0.7% on a monthly basis in May, the monthly data published by the US Federal Housing Finance Agency showed on Tuesday. This reading followed the 0.7% increase recorded in April and came in better than the market expectation of 0.2%.

Meanwhile, the S&P/Case-Shiller Home Price Index arrived at -1.7% on a yearly basis in May, up from -2.2% in April.

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