S&P/Case-Shiller home price index increased lower than expected

Market news

29 April 2014

S&P/Case-Shiller home price index increased lower than expected

S&P/Case-Shiller home price index climbed at an annual rate of 12.9% in February. Analysts forecasted the rise of 13.0%. The growth in January was 13.2%.

David M. Blitzer, Chairman of the Index Committee at S&P Dow Jones Indices, said that the annual rate "cooled the most we've seen in some time."

U.S.: Consumer confidence , April 82.3 (forecast 82.9)

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