The S&P 500 futures are currently trading 12 points above fair value.
The FHFA Housing Price Index was down 0.2% in May (Briefing.com consensus -0.2%) after a revised reading of -0.3% (from -0.4%) in April.
The S&P Case-Shiller Home Price Index was up 2.8% in May (Briefing.com consensus 3.0%) after increasing 3.4% in April.