The Case-Shiller July home price numbers are out.
The 20-city composite declined 4.1% year-over-year, but beat expectations of a 4.5% decline. Prices were flat from June on a seasonally adjusted basis. Economists were expecting a 0.1% increase.
On a non-seasonally adjusted basis, prices climbed 0.9%, the fourth consecutive month of increases.
Markets applauded the data, sending futures higher.
You can read the full report here.
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