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House Price Index YoY

Name: House Price Index YoY
Creator: TipRanks

The House Price Index YoY in the USA measures the annual percentage change in residential property prices. It is a key indicator of the housing market's health, reflecting consumer confidence and economic stability. Significant changes in the index can influence monetary policy decisions and impact financial markets, as housing is a major component of household wealth and spending. Investors and policymakers closely monitor this index to gauge economic trends and potential inflationary pressures.