U.S. ECO PREVIEW: S&P/CoreLogic Home Prices Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News.
- SPCS 20 0.5% m/m; range 0% to 0.9% (17 estimates)
- SPCS 20 5.9% y/y; range 5.4% to 6.2% (17 estimates)
- "Mortgage rates are off from last year’s trough and home prices have been grinding higher. A severe shortage of inventory appears to be one of the major factors behind the recent -- yet still modest -- acceleration in home-price growth": Bloomberg Intelligence
- In March, the 20-city property values index rose 5.9 percent from a year earlier, matching February as the most since July 2014
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283