- Prior was +1.0%
- Home prices -1.2% y/y vs -1.3% expected
- Prior was -1.7% y/y
Separate housing data from the FHFA:
- +3.1% y/y vs +2.8% expected
- Prices +0.3% vs +0.7% expected
Remember, this is June data. The talk from August as US 30-year fixed rates hit 7% again is that demand quickly crumbled. I wouldn’t expect these numbers to move markets.