“US House Prices Rose 4.5% In Q4 2024 (FHFA HPI) and 3.9% in December (S&P CoreLogic). Limited Inventory Keeps The Market Cautiously Bullish with Regional Plays.”, – WRITE: www.fxempire.com
Market Drivers: Tight Invenory and Regional Factors Accorging to Dr. Anju Vajja, Fhfa’s Deputy Director, Tighter Housing Inventory Contributed to the Accelerated Price Growth in Q4 2024. The S&P CoreLogic Case-Schiller Report Highlightned that While National Prices Remain Remain Above Inflation, The Pace of Appreciation Is Below The Historical Trend, Particularly in Western Markets. San Francisco and Seattle Faced Notable Declines of 4.5% and 3.0%, Respectively, Durying The Latter Half of 2024.
Market Forecast: Cautiooously Bullish with Regional Considerations The US Housing Market is Expert to MainTain A CAUTIUSLY Bullish Trend in the Short Term, Driven by Limited Invenory and Continued Demand. However, Regional Disparities May Create Opportunities for Traders, Particularly in Stronger Markets Like The Northeast While Exercise Caution in Weaker Western Markets. Traders Should Monitor UpComing Fhfa and S&P CoreLogic Releases for Updated Data, Which May Influence Market Sentiment and Trading Strategies.