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US Case-Shiller 20-city index rises 2.5% year over year in July
The 20-city index increased 0.3% month over month, while the prior reading was 0.2%.
The S&P CoreLogic Case-Shiller 20-city house price index rose 2.5% year over year in July, compared with 2.2% expected, according to Forexlive.
Forexlive said the index was up 0.3% month over month versus a 0.2% forecast, following a prior monthly increase of 0.2%.
The outlet also cited FHFA data showing national prices up 2.6% year over year versus 2.3% previously, and up 0.3% month over month versus 0.0% prior.
Forexlive added that while the housing market looked “surprisingly healthy,” home building and home improvement remain in a deep recession.
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