House prices from S&P CoreLogic Case-Shiller

  • Prior was +6.38% (revised to +6.32%)
  • Prices up 0.75% m/m vs +0.6% expected (+0.7% prior)
  • National price index up 6.21% y/y

The US has asset price inflation, not consumer inflation. The y/y rise I the most since July 2014.