House price data from the FHFA

  • Prior was +0.6%
  • +1.7% q/q vs +0.7% expected
  • Prior q/q +1.6% (revised to +1.7%)

Housing has hit a bit of a gully in the past few months. It could be nothing, it could be interest rates or something else. I think it's nothing but people tend to get awfully nervous about housing for some reason.

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