House prices in the US rose by 0.8% on a monthly basis in July, the monthly data published by the US Federal Housing Finance Agency showed on Tuesday.
This reading followed the 0.4% increase recorded in June and came in higher than the market expectation for a 0.5% growth.
Meanwhile, the S&P/Case-Shiller Home Price Index arrived at 0.1% on a yearly basis in July, up from -2.2% in June.showed no immediate reaction to these data and was last seen trading flat on the day at 105.95.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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