The home price index in the United States is expected to have remained modestly upbeat during the month of August. However, this is likely to yield modest downward pressure on the composite-20 measure on a y/y basis, to around 5.00 percent in August.
The August S&P/Case-Shiller composite home price index is scheduled to be released on October 25 at 09:00EDT (13:00GMT). Alongside expectations for further gains in the coming quarters, it is expected that the S&P/Case-Shiller home price index will show relatively maintained support in August on a m/m basis.
Looking at the results seen for July, the headline measure (composite-20 city index) increased +0.6 percent m/m (+5.0 percent y/y), compared to the +0.8 percent m/m reading seen in June, on a non-seasonally adjusted basis.
In terms of composite weighting, increases came from Miami (+7.0 percent y/y), Las Vegas (+5.4 percent y/y), San Francisco (+6.0 percent y/y), Los Angeles (+5.5 percent y/y), Dallas (+8.3 percent y/y), Portland (+12.4 percent y/y) and Detroit (+5.3 percent y/y).


Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 



