US October CaseShiller 20-city price index +4.9% y/y vs +4.9% expected

<ul><li>Prior was +3.9%</li><li>20-city m/m index +0.6% vs +0.6% expected (prior +0.7%)</li></ul><p>FHFA data:</p><ul><li>Prices y/y +6.3% vs +6.1% prior</li><li>Prices m/m +0.3% vs +0.6% prior</li></ul><p>The fall in US interest rates will provide a boost to the US housing market in the months ahead.</p>

This article was written by Adam Button at www.forexlive.com.