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US home prices were a tad stronger than anticipated in October
The latest CaseShiller housing price index of the 20-largest US cities showed prices up 1.3% year-over-year, just a shade above the +1.2% consensus but a deceleration from the +1.4% y/y reading in September. On a monthly basis, home prices rose 0.3%, beating the +0.1% consensus. The September reading was revised to +0.2% from +0.1%. A separate data set from the FHFA painted a similar picture with prices up 1.7% year-over-year nationally. That number was the lowest in 13 years. It's a weak data point to cap off a miserable year for home builders. There is some regional disparity with Mid-Atlantic prices rising 5.3% ... (full story)
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- Dec 30, 2025 3:15pm Posted byFundamental Analysis888
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