House price index rises 1.1% in December

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  • The US FHFA house price index rises 1.1% in December.

The House Price Index released by the US Federal Housing Finance Agency (FHFA) showed a 1.1% rise in December after rising 1% in November. This reading was slightly above the market expectation of 1%.

Meanwhile, the home price index S&P/Case-Shiller presented a rise of 10.1% in December compared to a year ago, exceeding the expectation of an increase of 9.9%.

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