- Prior 10.8%
- -0.3% vs +0.2% exp m/m. Prior +0.2% revised to 0.1%
Lowest year on year increase in prices since Feb 2013.
Prices are turning down and that’s not too bad a thing for price pressures, but is if it’s coming with a slowdown in the housing market in tow.
US Case/Shiller house price index y/y 29 07 2014