S&P/CS HPI Composite - 20 n.s.a. YoY For March 1.5% Vs 0.4% Expected
Portfolio Pulse from Benzinga Newsdesk
The S&P/CS HPI Composite - 20 n.s.a. YoY for March increased by 1.5%, significantly higher than the expected 0.4%.
May 30, 2023 | 1:04 pm
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POSITIVE IMPACT
The S&P/CS HPI Composite - 20 n.s.a. YoY for March increased by 1.5%, significantly higher than the expected 0.4%, which may positively impact SPY.
The S&P/CS HPI Composite - 20 n.s.a. YoY for March increased by 1.5%, which is significantly higher than the expected 0.4%. This indicates a stronger housing market and overall economic growth, which may positively impact the SPY ETF as it tracks the S&P 500 index.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75