U.S. Home Prices Rise Less Than Expected In July: S&P/Case-Shiller
U.S. single-family home prices rose in July on a year-over-year basis but fell short of expectations, a closely watched survey said on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 6.7 percent in July year over year, shy of expectations for a 7.5 percent rise. On a seasonally adjusted monthly basis, prices in the 20 cities fell 0.5 percent in July.
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