Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

US house prices, consumer confidence at record lows

Staff Reporter 1 minute read

Consumer confidence in the United States remained at all time lows in February while a house price index has revealed US house prices have a long way to go before reaching positive territory.

The Standard & Poor’s/Case-Shiller Home Price Index showed yesterday that US house prices were down 19 per cent in January, compared with January 2008.

Consumer confidence was also flat in March, hovering just above the record low recorded in February, the Conference Board said yesterday.

The Board’s Index stood at 26 points in March, just above the 25.3 recorded the month prior.


US house prices, consumer confidence at record lows
default
TheAdviser logo
default

 

more from the adviser
handshake news Non-bank moves to fully acquire IA Group

Resimac has announced it is set to acquire the remaining 40 per ...

deposit saving Brokers report longer turnarounds at the big banks

The major banks suffered from longer turnaround times over Decemb...

bank of mum and dad COVID-19 fails to dim home buying goals: survey

Property purchasing goals have remained intact in Australia despi...

FROM THE WEB