House Price Index m/m

Indicator History

History of Event Dates
Event Date Time For
Period		 Currency Actual Forecast
What is this indicator?

House Price Index (HPI) m/m refers to the monthly percentage change in the prices of residential properties within a specific geographic region. HPI is an important economic indicator as it provides a measure of the health and direction of the housing market, which is a significant contributor to the overall economy.


Why is it important?

The HPI m/m figure is particularly important as it allows economists and policymakers to monitor changes in housing prices over short periods of time, typically a month. A positive HPI m/m figure indicates that the housing market is experiencing price growth, while a negative figure indicates that the market is experiencing price declines. A sustained negative HPI m/m figure can signal a decline in the housing market, which can lead to broader economic implications. Investors and businesses also pay close attention to the HPI m/m figure as it can impact financial markets and business decisions. A higher than expected HPI m/m figure can lead to an increase in real estate investment, while a lower than expected figure can lead to a decrease in investment.

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NEXT:23-Dec-2024

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NEXT:18-Dec-2024

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NEXT:24-Dec-2024

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NEXT:13-Dec-2024

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NEXT:9-Dec-2024

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