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House Price Index q/q (quarter-on-quarter) is a measure of the change in the prices of residential properties in a given region or country over a specific quarter (three-month period), compared to the previous quarter. It is a commonly used economic indicator that tracks the overall trend in the housing market.
The House Price Index q/q is important for several reasons: It provides insight into the health of the housing market: The index helps analysts and policymakers understand whether the housing market is expanding or contracting, and whether prices are rising or falling. This information can be used to make decisions about economic policies, such as interest rate adjustments. It reflects consumer confidence: A rising House Price Index q/q indicates that consumers are willing to invest in the housing market, which may signal confidence in the economy as a whole. Conversely, a falling index may signal that consumers are more cautious about investing in property. It affects the overall economy: The housing market is an important component of the economy, and changes in the House Price Index q/q can have a ripple effect on other sectors, such as construction and finance. A strong housing market can contribute to economic growth, while a weak one can slow down the economy.
ADP Employment Change NEXT:4-Dec-2024 |
Average Hourly Earnings NEXT:6-Dec-2024 |
Average Weekly Hours NEXT:6-Dec-2024 |
Budget Balance NEXT:13-Nov-2024 |
Building Permits NEXT:19-Nov-2024 |
Business Inventories / Sales Ratio NEXT:15-Nov-2024 |
Business Inventories m/m NEXT:15-Nov-2024 |
Business Inventories y/y NEXT:15-Nov-2024 |
Business Sales m/m NEXT:15-Nov-2024 |
Business Sales y/y NEXT:15-Nov-2024 |
Capacity Utilization Rate m/m NEXT:15-Nov-2024 |
Capital Account Balance NEXT:18-Dec-2024 |
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