Case Shiller rose for a third month in a row, edging 0.7% higher versus expectations for a 0.4% rise.
Recent anecdotes suggest the long-suffering US housing situation is at a minimum stabilizing, if not improving.
Traders also note talk of a dovish report from a US consulting shop suggesting more stimulus ahead from the Fed.
EUR/USD has edged up to 1.2470 from earlier lows near 1.2456.
