US July CaseShiller 20-city price index +16.1% y/y vs +17.0% expected

  • US July housing price data from Case-Shiller
  • Prior was +18.6%
  • Prices m/m -0.4% vs +0.2% expected
  • Prior +0.4% (revised to +0.2%)
  • National house prices from FHFA -0.6% vs +0.1% prior

There's a seasonal downtrend in global home prices at this time of year but these numbers are seasonally adjusted.

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