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Housing prices up?

Today we also receive the monthly Case Shiller report on home prices.Economists at UBS are forecasting a 0.7 percent rise in the non seasonally adjusted number following a 0.5 percent gain last month.

The same analysts see a gain of 0.2 percent for the seasonally adjusted number after a decline of 0.2 percent last month. It would be the first increase in the seasonally adjusted data since April 2006.