The FHFA’s July home price index is set for release at the bottom of the hour.
Expectations are for the report to show prices rose 0.4% in July, more than the 0.2% increase seen in June.
This report is quite a lagging indicator and won’t reflect really any of the anxiety we’ve seen in markets over the last few weeks, and so will be sort of a final reading on where the economy and housing market stood back in the heart of the summer.
We’ll be back with the live numbers when they hit.
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