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- US: House Price Index rises 1.1% in October to 358.3 from 354.4 in September
US: House Price Index rises 1.1% in October to 358.3 from 354.4 in September
According to the latest data from the Federal Housing Finance Agency, the monthly House Price Index rose to 358.3 in October from 354.4 in September, a 1.1% MoM rise. That took the YoY rate of house price increase to 17.4% on the month.
The S&P/Case-Shiller Home Price Index, released by Standard & Poor's, showed prices rising at a YoY rate of 18.4% in October, slightly below the expected pace of 18.5% and a tad down from October's YoY rate of 19.1%.
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