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Case-Shiller/FHFA House Prices (Jan.)

The rebound in house price inflation seen at the end of last year continued into 2022, with annual growth on the Case-Shiller measure moving back above 19%. But housing market activity has slowed since then as higher mortgage rates have hit demand, while affordability constraints will bring house price growth down to around 5% y/y by the end of the year.

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