S&P Case Schiller Home Prices; Conference Board Consumer Confidence
Headline reads... S&P CaseShiller 20-City Home Price Index fell 15.8% year-over-year, very close to the expected decline of 16%.
Under the sheets... -0.9% sequentially with price declines accelerating from the previous month.
Of 20 metro areas; all 20 posting annual declines; 9 at record lows, 10 with double digit declines.
Headline reads... The Conference Board said that July consumer confidence halted a six month slide by rising roughly 2% month-over-month to 51.9 vs 51.
Under the sheets... Last month's reading was the lowest in 16 years and this months left consumers assessments little changed with a bleak outlook.
The index is down by more than half since the same month last year, when it was at 111.90
Under the sheets... -0.9% sequentially with price declines accelerating from the previous month.
Of 20 metro areas; all 20 posting annual declines; 9 at record lows, 10 with double digit declines.
Headline reads... The Conference Board said that July consumer confidence halted a six month slide by rising roughly 2% month-over-month to 51.9 vs 51.
Under the sheets... Last month's reading was the lowest in 16 years and this months left consumers assessments little changed with a bleak outlook.
The index is down by more than half since the same month last year, when it was at 111.90
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