Talking Points …
- Home prices in 20 U.S. cities rose more than expected in September, according to the latest S&P/Case Shiller Home Price Index.
- The 20-city composite rose 5.5 percent year over year in September, compared with consensus estimates for a 5.2 percent rise.
- The S&P Case Shiller U.S. National Home Price Index, which measures all nine U.S. census divisions, was up 4.9 percent from the same time last year, ticking up at a slightly faster pace than August’s 4.6 percent increase.