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YoY Change in Case-Shiller Home Price Index in the US

Country:
USDUnited States
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About YoY Change in Case-Shiller Home Price Index in the US

The Case-Shiller Home Price Index year-over-year comparison measures how much home prices in major metropolitan areas of the United States have increased or decreased compared to the same month the previous year. This data, published monthly by S&P Dow Jones Indices, evaluates housing price trends nationally and in the top 20 metropolitan areas.

The year-over-year data helps to understand long-term fluctuations in housing prices. An increase in home prices indicates a robust housing market and an improvement in homeowners' property values. Conversely, a decline in home prices may suggest that the housing market is stagnating.

This information is crucial for policymakers to assess housing market trends and develop appropriate housing policies. It also serves as an important resource for businesses and investors to gauge housing market dynamics and economic forecasts.

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