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S&P/Case-Shiller Home Price MoM

Name: S&P/Case-Shiller Home Price MoM
Creator: TipRanks

The S&P/Case-Shiller Home Price MoM (Month-over-Month) index measures the change in residential real estate prices in 20 major U.S. metropolitan areas. It is an important indicator of the housing market's health and consumer confidence, as rising home prices typically signal economic strength. This index can influence financial markets by affecting interest rate expectations and consumer spending, as housing wealth impacts household balance sheets. Investors and policymakers closely watch this data to gauge economic trends and potential inflationary pressures.