Gavekal Capital: US House Prices Rise In February

Wednesday, April 2, 2014

US House Prices Rise In February

The latest data out for US house prices show an increase in February according to CoreLogic. Both including and excluding distressed sales, house prices rose in February after stagnating in the latter half of 2013. Meanwhile, mortgage applications for both purchasing and refinancing remain at depressed levels. Mortgage rates, however, have remained between 4.50% - 4.90% since last May

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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