S&P/CS HPI Composite - 20 n.s.a. (MoM) (Mar) 1.5% vs 0.4%
Portfolio Pulse from Benzinga Newsdesk
The S&P/CS HPI Composite - 20 n.s.a. (MoM) for March increased by 1.5%, significantly higher than the expected 0.4%.
May 30, 2023 | 1:07 pm
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The S&P/CS HPI Composite - 20 n.s.a. (MoM) for March increased by 1.5%, which may positively impact the SPY ETF.
The S&P/CS HPI Composite - 20 n.s.a. (MoM) for March increased by 1.5%, significantly higher than the expected 0.4%. This indicates a stronger housing market, which may positively impact the overall market and the SPY ETF, as it tracks the S&P 500 index.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75