US March Case-Shiller home price index +0.3% m/m vs +0.3% expected

• Prior was +0.6%
• Prices +7.4% y/y vs +7.3% expected

FHFA data:

• +0.1% m/m vs +1.2%
• Prices +6.7% y/y vs +7.1% prior

I showed a pair of charts yesterday that highlight the puzzle around how housing prices and rents will interact in the months and years ahead.