US: Housing Price Index rises 0.9% in February

US FHFA Housing Price Index rose 0.9% in February.
US Dollar Index stays in a confined range below 91.00.

Eren Sengezer FXStreet

The Housing Price Index released by the US Federal Housing Finance Agency (FHFA) rose by 0.9% on a monthly basis in February following January's increase of 1%.

Meanwhile, the S&P/Case-Shiller Home Price Indices in February arrived at +11.9% and came in slightly higher than the market expectation of +11.7%.

Market reaction

These figures don't seem to be having a significant impact on the greenback's performance against its rivals. As of writing, the US Dollar Index was up 0.06% on the day at 90.90.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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