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Case-Shiller Very Ugly (XHB)

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The Case-Shiller Home Price Index was just released for October and it was terrible.

The reading showed a drop of 0.99%, versus a consensus estimate of 0.6% decline.

The SPDR S&P Homebuilders ETF (NYSE: XHB) is not trading actively in pre-market trading on the news.

 

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Posted-In: Case-Shiller Home Price IndexEconomics