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US Home Prices See Weakest Full-Year Gain Since 2011
Despite a rise in December, US home prices recorded their weakest full-year gain since 2011, with the FHFA house price gauge also coming in less than expected for December.
24 Feb, 14:07 — 24 Feb, 14:36
The Story
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Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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seeking-alpha
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zerohedge
Geographic diversity— 1 region4/34
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Sources
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seeking-alphaMixed173d ago
FHFA house price gauge less than expected in December
Read full article →zerohedgeLow173d ago
Despite Rise In December, US Home Prices Saw Weakest Full-Year Gain Since 2011
Despite Rise In December, US Home Prices Saw Weakest Full-Year Gain Since 2011 For the fifth straight month, US home prices across its 20 largest cities rose in December (according to the admittedly lagged and smoothed Case-Shiller data released today). The 0.47% MoM rise is down very mopdestly from the upwardly revised +0.53% MoM in November Source: Bloomberg However, "national home prices grew just 1.3% for the year - the weakest full-year gain since 2011," according to Nic...
By Tyler Durden
Read full article →Coverage Timeline
First report: zerohedge · 24 Feb, 14:07|Full coverage: 2 · 29m|Window: 29m
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