US Housing

US Housing Market Data Response

26 June, 2018

Case-Shiller House Prices (Apr.)

The slowdown in annual house price growth to 6.4% on the Case-Shiller measure in April is in line with earlier data from the FHFA. In addition to record low levels of inventory, active housing demand is being held in check by rising mortgage interest rates and concerns that prices have got too high. With mortgage rates set to rise further, house price growth is likely to ease back gradually over the coming months.

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