U.S. Case Shiller home price index fell 0.02% to 213.72 in the 20-City August survey
U.S. Case Shiller home price index fell 0.02% to 213.72 in the 20-City August survey, after rising 0.28% to 213.77 previously (revised from 213.76). It's up 5.49% y/y versus 5.90% y/y in July (revised from 5.92% y/y), but this is the fifth consecutive month of slowing and is the softest since December 2016. It's down from a high of 13.7% from November 2013. The 10-City index edged up 0.01% to 227.17 following July's 0.27% gain to 227.15 (revised from 227.05). It's up 5.12% y/y versus 5.49% y/y (revised from 5.48% y/y). All 20-cities posted annual gains, led by Las Vegas (13.87%) and San Francisco (10.57%), with Washington DC and New York bringing up the rear with gains of 2.82%.