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S & P / Case-Shiller Home Price Index rises 5.2% in August to beat expectations

The reports of housing prices on the evolution in August showed increases greater than expected.

The Federal Housing Finance Agency (FHFA) index rose 1.5% against the expected advance of 0.6% and after having risen 1.1% in July.

For his part, S & P / Case-Shiller index rose 0.47% on the month, and 5.2% from a year ago surpassing 4.2% of the market consensus.

The durable goods orders report was previously known, which showed figures above expectations. The dollar was not affected by them and maintained some weakness in the market.

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Credits: Forex Street

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