August US Case-Shiller 20-city price index +0.47% vs +0.5% expected

Case-Shiller 20-city house price index

• Prior was +0.55%
• Prices up % y/y vs +4.2% expected
• National index +5.71% vs +4.78% prior

There's a shift from the largest cities to secondary cities so this number understates the strength nationally in the US.