Case Shiller August home price data +0.4% versus 0.2% expected

• Prior month 0.3%
• Case Schiller month-on-month home price index +0.4% versus 0.2% estimate
• Not seasonally adjusted month-on-month -0.3% vs 0.0% last month
• YoY NSA +5.2% versus +5.1% estimate. Prior month 5.9%

In a separate report from the Office of Federal housing,

• Monthly home prices for the month of August rose 0.3% versus 0.2% (revised) last month
• Home Prices YoY or .2% versus 4.7% last month
• Home price index 427.0 vs 425.8 last month

This article was written by Greg Michalowski at www.forexlive.com.