Specs
© Forex Factory
Source FHFA (latest release)
Measures Change in the purchase price of homes with mortgages backed by Fannie Mae and Freddie Mac;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 55 days after the month ends;
Next Release May 27, 2014
FF Notes Source began m/m frequency in Mar 2008;
Why Traders
Care It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity;
Acro Expand House Price Index (HPI);