- The Aug FHFA Home Price index was released early and up +0.7% m/m vs +0.4% exp
- Prices up +4.7% y/y
- Prior reading revised down to -0.1% from +0.2%
It was supposed to be released tomorrow but was published early on the FHFA website. The prior revision covers the upside beat so there isn’t much to takeaway. In any case, it’s a lower-tier indicator.