• Monthly home prices 0.8% vs 0.1% prior m/m
  • 7.7% vs 7.6% prior y/y
US FHHA house price index 25 02 2014

US FHHA house price index 25 02 2014

Much the same story as the Case Shiller data, the federal housing report shows price rises tailoring off. That’s no bad thing in a recovery that’s been driven in part by gains in the housing market. This report excludes high end housing so is more of a better gauge of what’s happening in “main street”.