Prior was -0.1%Prices y/y +3.4% vs +4.0% expectedPrior y/y +4.1%
From the FHFA:
Prices -0.4% vs 0.0% priorPrices y/y +3.0% vs +3.9% prior
The US housing market is going through a rough time at the moment but it’s masked by all the excitement elsewhere in the economy.
This article was written by Adam Button at www.forexlive.com.