contemporary home
  • Prior was -0.1%
  • Prices y/y +3.4% vs +4.0% expected
  • Prior y/y +4.1%

From the FHFA:

  • Prices -0.4% vs 0.0% prior
  • Prices 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.

Source: Forex Live