House Price Index YoY For April 3.1% Vs 3.1% Expected
Portfolio Pulse from Benzinga Newsdesk
The House Price Index for April showed a year-over-year increase of 3.1%, in line with the expected 3.1% growth.
June 27, 2023 | 1:01 pm
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NEUTRAL IMPACT
The House Price Index for April, which met expectations at 3.1% YoY growth, may have a neutral impact on the SPY ETF.
The House Price Index for April met expectations, indicating a stable housing market. This may not have a significant impact on the SPY ETF as the data is in line with predictions and does not present any surprises.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50