November 27, 2022

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US April FHFA home price index +15.7% vs +13.9% y/y prior

1 min read

House price data from the US regulator

FHFA house price index
  • Prior was +13.9%
  • Prices +1.8% m/m vs +1.8% m/m prior

There are signs of slowing US home building but no let up in prices. Eventually the construction will ramp up again. I suspect it’s more of a problem of high lumber prices and other bottlenecks.

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