Track the US S&P/CS Composite-20 HPI y/y to gauge housing market health and investment trends.
This serves as a key indicator of the health of the housing sector, as increasing property values entice investors and stimulate industry activity. It's one of the few figures on the calendar that is reported without seasonal adjustments, making it the main metric for this indicator.
What it Measures
Indicates the change in selling prices for single-family homes across 20 metropolitan regions.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast,' it is considered favorable for the currency.
Source & Frequency
Standard & Poor's (latest release) - https://www.spglobal.com/ • Published monthly, approximately 60 days after the conclusion of the relevant month.
How Data is Derived
N/A
Also Known As
S&P Corelogic CS Indices
Acronym
Standard & Poor's (S&P), Case-Shiller (CS), House Price Index (HPI)