Investing.com - The Standard & Poor’s/Case-Shiller composite-20 house price index rose less-than-expected in the last quarter, official data showed on Thursday.
In a report, Standard & Poor’s said that S&P/CS House Price Index rose to a seasonally adjusted annual rate of 12.2%, from 12.1% in the preceding quarter.
Analysts had expected S&P/CS House Price Index to rise to 12.4% in the last quarter.
In a report, Standard & Poor’s said that S&P/CS House Price Index rose to a seasonally adjusted annual rate of 12.2%, from 12.1% in the preceding quarter.
Analysts had expected S&P/CS House Price Index to rise to 12.4% in the last quarter.