Source | |
Measures | Change in the price of homes financed by HBOS; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, about 5 days after the month ends; |
Next Release | |
FF Notes | The exact release date is usually not announced by HBOS until shortly before it's released. There are 2 earlier reports on housing inflation, but this data is broad and based on HBOS's internal mortgage approval figures, which can lead sale-completion indicators by more than a month; |
Why Traders Care | It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; |
Also Called | HBOS HPI; |
Acro Expand | House Price Index (HPI), Halifax Bank of Scotland (HBOS); |