S & P 500, Nasdaq Slip amid a rush of profits, hope to get a car tariff

House prices rose again in February, when the limited supply continued to support the market amid high mortgage rates and the ability to withstand costs.

The S&P Corelogic Case-SHILLER increased by 0.3 % during the previous month in February on the basis of a seasonal rate, as it was facilitated from the monthly earning of 0.5 % in January.

On an annual basis, prices increased at 3.9 %, less than 4.1 % were seen in January.

The prices of homes affiliated with the index in the 20 largest American cities increased by 0.4 % in February, which corresponds to the estimation of the monthly Bloomberg consensus.

The 20 -cities index increased by 4.5 % compared to February, a decrease from an annual increase of 4.7 % in the previous month.

“Even with mortgage rates remaining in the mid -6 ​​% range and cost -to -affordable capacity, home prices showed noticeable flexibility,” wrote Nicholas Judk, head of fixed income in the S&P Jones indices, in a press release.

“The buyer’s request has definitely cools compared to the feverish speed of previous years, but low -price housing continues in most markets. Instead of extensive declines, we see a slower and more sustainable pace for price growth.”

The mortgage rates continue to move about 6.8 % as the market is fluctuating amid news related to tariffs. The average fixed rate for 30 years was 6.81 % until last week, According to Freddy MacChanging a few from 6.83 % in the previous week.