US house price data from Case-Shiller for October

  • Prior was +5.08% y/y (revised to 5.03%)
  • Prices up 0.63% m/m vs 0.51% exp
  • Index rise sto 191.79 from 191.68
  • Prices up 5.61% y/y nationally

The US housing market has been solid for a few years but you don't hear much about it. 2017 could be the year the bubble starts to really reflate.