At 9 AM ET we get the Case-Shiller house price index for March.
Case-Shiller is considered the gold standard of housing indices.
Via Calculated Risk, here’s what to expect:
• At 9:00 AM ET, S&P/Case-Shiller House Price Index for March. Although this is the March report, it is really a 3 month average of January, February and March. The consensus is for a 10.2% year-over-year increase in the Composite 20 index (NSA) for December. The Zillow forecast is for the Composite 20 to increase 9.8% year-over-year, and for prices to increase 0.9% month-to-month seasonally adjusted.
We’ll have the number LIVE.