The January S&P/Case-Shiller Home Price Index is out.
The 20-city index advanced 0.85% in January following a 0.74% rise in December — above the 0.6% gain expected by market economists.
Year over year, however, prices were up only 13.24%, down from 13.38% in December. Economists expected the year-over-year change to clock in at 13.34%.
More From Business Insider
- The Most Overvalued And Undervalued Housing Markets In America
- 5 Interesting Datapoints Are Coming Up Today
- US MANUFACTURING SLOWS
- Real Estate