CASE SHILLER HOME PRICES RISE 1.2% FROM LAST YEAR

housing suburbs houses

Photo: Iduke, Wikimedia Commons

UPDATE:

Case-Shiller home prices rose 1.20% year over year.

Analysts expected just a 1.05% gain.

This is an acceleration from 0.59% seen last month.

Not an amazing report, and not a disaster.

UPDATE: The gold standard of housing indices: The Case-Shiller home price index comes out at 9:00 AM ET.

Analysts are looking for a 1.05% year-over-year increase in prices on the 20 city composite.

Last month was a 0.5% increase.

We’ll have there number here LIVE.

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