House price data from the FHFA

  • Prior was +0.6%
  • Prices up 6.8% y/y
  • Prior y/y reading was +6.2%
  • Index at 248.2 vs 246.6

It's a small beat but these add up over time. The housing market is slowly gathering momentum as the scars from the crisis fade.

The three-month moving average of US house prices is at the highest since 2013.