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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS S&P/Case-Shiller Home Price MoM climbed to 1.0% in April 2026
FMPMonthlyReleased May 2026
US S&P/Case-Shiller Home Price MoM climbed to 1.0% in April 2026, released May 2026, up 0.6% from March's 0.4% reading. The print exceeded the 0.5% consensus by 0.5%.
Latest Release
1.000000
Actual
0.500000
Consensus
0.400000
Previous
Median Absolute Error
±0.15 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 0.55
Actual: 1
Error: -0.45
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.49 | INDEX | Bearish S&P 500 | → View |
| EUR/USD | ▲ Direct | +0.25 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P/Case-Shiller Home Price MoM (United States) was reported at 1% in April 2026. This beat the market consensus of 0.5% by 0.5%. The reading rose from the previous value of 0.4%. Over the past 12 months, the indicator has averaged 0.03%, ranging from -0.6% to 1% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 0.27%, up from the prior three at -0.27%. Volatility over the past year (σ 0.49%) is lower than the prior year (σ 0.58%). In May readings over the past 3 years, S&P/Case-Shiller Home Price MoM has averaged 1.23%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.15%.
WHAT TO WATCH NEXT
The next release is scheduled for June 30, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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S&P/Case-Shiller Home Price MoM - US
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About S&P/Case-Shiller Home Price MoM — United States
DEFINITION
The S&P/Case-Shiller Home Price MoM is a widely recognized financial indicator that measures the month-over-month change in home prices in major metropolitan areas across the United States. This indicator provides valuable insights into the health and trends of the housing market, making it a key tool for investors, economists, and policymakers. It is based on a rigorous methodology and is considered a reliable gauge of the overall strength of the housing sector.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2026): actual 1 %, consensus 0.5 %. Prior reading (Feb 2026): 0.4 %. Before that (Jan 2026): -0.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.49) — a useful reference for index-focused traders.