Aug. S&P Case-Shiller Home Price Index: -0.2% M/M vs. +0.6% prior. +1.7% Y/Y vs. +2%...

|By:, SA News Editor
Aug. S&P Case-Shiller Home Price Index: -0.2% M/M vs. +0.6% prior. +1.7% Y/Y vs. +2% expected, +3.2% prior. "A disappointing report. Home prices broadly declined in August... indicating that the housing market continues to bounce along the recent lows.”