BREAKING: US house price index above expectations

14:04 29 October 2024

US home price index came in 0.3% MoM vs 0.1% exp. and 0.1% previously (4.2% YoY vs 4.5% previously)

  • US Case/Schiller 20Y came in 5.2% YoY vs 5.1% exp. and 5.9% previously
  • US Redbook (sales-weighted growth in the same-store large US general merchandise retailers) came in 5.6% YoY vs 4.6% previously
  • US Wholesale Inventories MoM came in -0.1% MoM vs 0.1% exp. and 0.1% previously
  • US Retail Inventories Ex-Auto came in 0.1% MoM vs 0.5% exp. and 0.5% previously 

Overall data point to stronger US consumers demand, with dropping wholesale inventories, higher US Redbook growth pace, as well as higher than expected average home price index.

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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