FF Alert Initial release time was shifted 4 days later due to source rescheduling;
Source Halifax Bank of Scotland (latest release)
Measures Change in the price of homes financed by HBOS;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 5 days after the month ends;
Next Release Jun 7, 2016
FF Notes The exact release date is usually not announced by HBOS until shortly before it's released. There are 2 earlier reports on housing inflation, but this data is broad and based on HBOS's internal mortgage approval figures, which can lead sale-completion indicators by more than a month;
Why Traders
Care It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity;
Also Called HBOS HPI;
Acro Expand House Price Index (HPI), Halifax Bank of Scotland (HBOS);