- June prices rise 0.9% m/m seasonally adj vs +0.5% exp
- Prices up 0.5% y/y vs -0.1% exp
- All 20 cities in the composite improved for the second month in a row
Better than expected numbers for housing, which has been the norm since May. Alongside housing, the US economy needs a couple other areas of strength to kick-start a meaningful recovery.
