US wholesale inventories rose 0.5% in August, missing 0.7% forecast
US wholesale inventories rose less than expected in August, while wholesale sales surged.
29 min ago7 min read
Case-Shiller 20-city index shows July prices up 2.5%, above forecast
July US home prices rose more than expected, with the Case-Shiller 20-city index gaining 2.5% annually and FHFA data showing a 2.6% rise.
29/09/2026 13:152 min read
- The previous year-over-year reading came in at 2.1%.
- Month over month, prices rose 0.3%, compared to an expected 0.2%.
- The prior monthly increase was 0.2%.
Data from the FHFA show:
- Nationally, home prices increased 2.6% from a year ago, up from 2.3% previously.
- On a monthly basis, they rose 0.3%, after a 0.0% change in the preceding month.
Those who locked in mortgage rates in July will be glad they did, as rates have since climbed to cyclical highs. In a surprising contrast, the US housing market remains healthy even as home building and home improvement languish in a deep recession.
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