The S&P/Case-Shiller 10-City Home Price Index was unchanged in October following an increase of 0.5% in September, revised from 0.4% and 1.3% in August. Over the year, the index has fallen by 6.4%.The S&P/Case-Shiller 20-City Home Price Index was also unchanged after increasing by 0.4% in September, revised from 0.3% and 1.2% in August. Year over year, the index is down by 7.3%. This month’s data displays a continued trend of deceleration in home price declines.
Consumer Confidence increased to 52.9 in December, less than the 53.5 expected, but an improvement from November which was revised to 50.6. Assessment of current day conditions worsened while the short-term outlook and labor market showed to be more promising..
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Crude Inventories (12/30 at 10:30 AM EST)
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