Yes, it is February 25th, and the Case-Shiller repeat sales house price index is out for … December. 1096960_CSHomePrice-Release-0225
The report shows that US home prices continue to rebound after a period of slowing. The CS National house price indexed increased 3.8% YoY in December 2019.
The slowest growing US cities? High tax metro areas Chicago, IL and New York, NY.
The fastest growing? Phoenix, AZ.
Yes, the CS National home price index keeps on rising along with The Fed’s soft monetary policy.
But at least the CS National HPI YoY is around the YoY growth in hourly earnings.