US house price data from S&P CoreLogic Case-Shiller
- Prior was +5.18%
- Prices up 1.27% m/m vs +0.8% exp
- Prior was +0.47% (revised to +1.35%)
- National index +6.96% y/y vs +5.81% prior
Housing is sizzling. It's a boom and it will be a secular trend so long as rates stay low. I think it's still early days.