US April Case-Shiller 20-city house price index -0.3% m/m vs -0.1% expected

Forex Short News
  • Prior was -0.1%
  • Prices y/y +3.4% vs +4.0% expected
  • Prior y/y +4.1%

From the FHFA:

  • Prices -0.4% vs 0.0% prior
  • Prices y/y +3.0% vs +3.9% prior

The US housing market is going through a rough time at the moment but it’s masked by all the excitement elsewhere in the economy.

This article was written by Adam Button at www.forexlive.com.