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US: FHFA House Price Index
| Consensus | Consensus Range | Actual | Previous | |
| Month over Month | 0.0% | 0.0% to 0.2% | 0.3% | -0.1% |
| Year over Year | 2.1% | 1.8% to 2.2% | 2.2% | 2.0% |
Highlights
After declining 0.1 percent in April, the seasonally adjusted FHFA house price index rebounded 0.3 percent in May, above the consensus expectation of unchanged prices in an Econoday survey. The year-over-year for home resales and refinancing increased 2.2 percent.
Market Consensus Before Announcement
House prices expected flat on the month for May.
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