Case-Shiller / FHFA House Prices (Dec.)

Low mortgage rates and tight inventory have supported house prices in recent months, with Case-Shiller reporting a jump in annual growth to 3.8% in December, a 10-month high. But looking ahead stretched home valuations and tightening credit conditions will offset some of the benefit of low mortgage rates, and that implies annual house price growth this year will moderate to around 3%.

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