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Economy Week Ahead: U.S. Household Spending and Home Prices in Focus
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S&P Global releases its S&P CoreLogic Case-Shiller National Home Price Index for January. Home prices rose 5.8% in the year ended in December, down from a 7.6% annual rate the prior month, the lowest December-to-December change since 2019. The National Association of Realtors last week separately said the median sale price of previously owned homes fell year-over-year in February for the first time in over a decade.
The Conference Board publishes its March consumer-confidence index, which measures Americans’ attitudes toward the economy and labor market. Consumer confidence worsened in February for the second month in a row.
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