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27 Nov 2018

FHFA: U.S. house prices rise 1.3% in third quarter

"U.S. house prices rose 1.3 percent in the third quarter of 2018 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI)," the FHFA reported on Tuuesday.

Key quotes

  • House prices rose 6.3 percent from the third quarter of 2017 to the third quarter of 2018.
  • FHFA's seasonally adjusted monthly index for September was up 0.2 percent from August.
  • “Home prices continued to rise in the third quarter but their upward pace is slowing somewhat," said Dr. William Doerner, Supervisory Economist.
    • “Rising mortgage rates have cooled down housing markets—several regions and over two-thirds of states are showing slower annual gains.
Nov 27, 2018

US: S&P/Case-Shiller Home Price Index rises 5.1% in September vs 5.3% expected

"Data released today for September 2018 shows that the rate of home price increases across the U.S. slowed for the second month in a row," the S&P Dow
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Nov 27, 2018

NZD/USD Technical Analysis: Awaits a bullish breakthrough descending trend-line/200-hour SMA

   •  The pair struggled to gain traction beyond a short-term descending trend-line resistance, held over the past one week or, and failed ahead of 20
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