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House Price Index MoM

Name: House Price Index MoM
Creator: TipRanks

The House Price Index (HPI) MoM in the USA measures the monthly change in the prices of single-family homes. It is a key indicator of the real estate market's health and consumer wealth, influencing economic decisions and policy-making. Significant changes in the HPI can impact consumer spending, mortgage rates, and investment strategies, making it crucial for financial markets and economic forecasting. A rising HPI typically signals economic growth and increased consumer confidence, while a decline may indicate potential economic slowdowns.