US House Price Index (Nov) 439.3 (Prev. 436.8, Rev. From 436.7)
The US House Price Index for November registered at 439.3, showing a slight increase from the previous 436.8, with a small revision from 436.7.
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US House Price Index (Nov) 439.3 (Prev. 436.8, Rev. From 436.7)
General Motors (GM) expects moves to bring factory work to US and supply chains shifts to hurt bottom line by USD 1-1.5bln in 2026
UPS (UPS) expected to cut 30k jobs in 2026 and identified 24 buildings for closure in H1 - conference call
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This marginal uptick could suggest a stabilization in housing prices, which is crucial for consumer confidence and economic growth. It may have implications for the Fed's outlook on housing wealth effects and broader inflation trends as they consider monetary policy adjustments.
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