HALISTER1: U.S. ECO PREVIEW: S&P/CoreLogic Home Prices Due in 5 Minutes

U.S. ECO PREVIEW: S&P/CoreLogic Home Prices Due in 5 Minutes

(Bloomberg) -- S&P CoreLogic Case-Shiller Composite 20-City Home Price Index seen rising 5% y/y in Oct. vs +5.08% in Sept. (forecast range +4.8% to +5.19%).
  • Current pace could slow considerably if rising mortgage rates depress home sales: Bloomberg Intelligence
    • “A 10% decline in existing home sales from July 2013 to February 2014 on the back of a 1 percentage point rise in rates led home price growth to slow from 14% to 4%": BI
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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