U.S. house price index rise 0.7% in February

Market news

22 April 2015

U.S. house price index rise 0.7% in February

The Federal Housing Finance Agency (FHFA) released its monthly house price index for the U.S. on Wednesday. The U.S. house price index rose 0.7% on a seasonally adjusted basis in February, in line with expectations, after a 0.3% gain in January.

On a yearly basis, the house price index climbed 5.4% in February.

These figures showed that housing demand increased.

U.S.: Crude Oil Inventories, April 5.315M

U.S.: Existing Home Sales, m/m, March 6.1%

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