{"id":72980,"date":"2022-09-27T17:47:20","date_gmt":"2022-09-27T13:47:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=72980"},"modified":"2022-09-27T17:47:35","modified_gmt":"2022-09-27T13:47:35","slug":"us-housing-price-index-falls-0-6-in-july","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-housing-price-index-falls-0-6-in-july\/09\/27\/market-updates\/","title":{"rendered":"US Housing Price Index falls 0.6 in July"},"content":{"rendered":"\n<p>U.S. house prices fell in July for the first time in two years, as the market underwent a &#8220;forceful deceleration&#8221; due to rising borrowing costs and a slump in consumer confidence.<\/p>\n\n\n\n<p>The monthly data published by the US Federal Housing Finance Agency showed on Tuesday that the Housing Price Index fell by 0.7% monthly in July. This print followed June&#8217;s increase of 0.1% and came in lower than the market expectation of +0.7%.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>These numbers don&#8217;t seem to significantly impact the dollar&#8217;s market valuation. As of writing, the US Dollar Index was down 0.3% on the day at 113.78.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. house prices fell in July for the first time in two years, as the market underwent a &#8220;forceful deceleration&#8221; due to rising borrowing costs and a slump in consumer confidence. The monthly data published by the US Federal Housing Finance Agency showed on Tuesday that the Housing Price Index fell by 0.7% monthly in &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33029,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6858],"class_list":["post-72980","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=72980"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72980\/revisions"}],"predecessor-version":[{"id":72984,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72980\/revisions\/72984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33029"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=72980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=72980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=72980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}