FHFA house price index for August 0.3% versus the 0.3% expected
Last month 0.2% revised higher to 0.4%
The Federal housing finance agency is out with its August house price index (isn't it October). The index comes in at 0.3% which is on the screws vs expectations. However, the prior month was revised higher to 0.4% from 0.2%.
- YoY up 6.1%
Later at 10 AM ET, the new home sales for September will be release with expectations of a annualized rate of 625K versus 629K last month