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- OFHEO: House Prices Decline 1.1% Nationwide in January
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OFHEO is now releasing a monthly House Price Index. Note that this is a National index, but only uses data from Freddie and Fannie. From OFHEO: New U.S. Monthly House Price Index Estimates 1.1 Percent Price Decline in January U.S. home prices fell approximately 1.1 percent on a seasonally-adjusted basis between December 2007 and January 2008, according to OFHEO’s new monthly House Price Index. For the 12 months ending in January, U.S. prices fell 3.0 percent. Since its peak in April 2007, the monthly index is down 4.1 percent….
Original Source: feeds.feedburner.com/CalculatedRisk
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25 Marzo, 2008| housingblogs |
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