Here Comes The FHFA House Price Index...

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The FHFA House price index for January is out at 9 a.m. ET.

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Economists polled by Bloomberg are looking for the index to rise 0.7 per cent month-over-month.

The index was up 0.6 per cent in December.

Analysts have been getting increasingly bullish on home prices, with Bank of America and Capital Economics forecasting an 8 per cent rise in home prices.

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