US House Price Index MoM (Dec) M/M 0.1% vs. Exp. 0.3% (Prev. 0.7%, Rev. From 0.6%)

US House Price Index MoM (Dec) M/M 0.1% vs. Exp. 0.3% (Prev. 0.7%, Rev. From 0.6%)

The US House Price Index for December came in at 0.1% month-over-month, which is below the expected 0.3% and reflects a notable slowdown from the previous month’s 0.7% (revised from 0.6%). This miss could signal weakening demand in the housing market, potentially impacting consumer confidence and influencing future monetary policy decisions.