(Finance) – Signs of a slowdown are coming from the US housing market, where house prices slowed in June, although less than analysts’ expectations.
The S&P Case-Shiller Indexwhich measures price trends in the top 20 U.S. metropolitan areas, showed a year-on-year increase of 6.5%, more modest than the previous month’s +6.9% but higher than the consensus +6.2%.
On a monthly basis, there was an increase of 0.4% as in the previous month.
The seasonally adjusted index reported a 0.6% growth on a monthly basis, after +1% in May.
The FHFA index developed by the Federal Housing Finance Agencywhich measures U.S. home prices, fell 0.1% on the month, after flatlining the previous month. Analysts had expected a 0.1% increase.
On an annual basis, the index, calculated on the declared prices of the properties at the time of taking out the mortgage at Fannie Mae and Freddie Macrose by 5.1% compared to +5.9% in the previous month.