No good news here. 1.6% is worse than the 1.5% decline expected.
8 cities have hit brand new lows.
Sequentially there was a 1.0% decline.
Here’s a look at the city-by-city breakdown:
Background: This number has been pretty weak of late, and today’s number is expected to see more of the same.
The 20-city index is expected to show a 1.5% decline vs. -0.8% last time.
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