US DATA: Sept S&P Case-Shiller 20-city home prices -0.6% MOM for -3.6%
YOY. Annual change in 14 of the 20 MSAs and both Composites improved.
Atlanta, Las Vegas, Los Angeles, San Francisco, Seattle and Tampa
recorded lower annual declines in September compared to August.
Detroit and Washington DC were the only areas to post positive annual
rates of +3.7% and +1.0%, respectively. Detroit has now recorded three
consecutive months of annual gains. Q3 Case-S index was +0.1% from Q2.