Durable Orders for August decreased by 2.4% to $164.4 billion, less than the expected 0.3% gain, following a 4.8% increase in July and a 1.3% decline in June.  Transportation showed the largest decrease, by 9.3%.  Over the past 12 months, Durable Orders have dropped by 24.9%. 

New Home Sales for August are up by 0.7% to an annual pace of 429,000 homes with a median sales price of $195,200 and an average sales price of $256,800.  Over the past 12 months new home sales have fallen by 3.4% from August 2008 levels of 440,000.

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Case-Shiller Home Price Indices (09/29 at 9:00 AM EST)
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