House Prices Falls Less Than Expected in May, According to OFHEO
U.S. house prices fell 0.3% month-over-month in May
following April’s 0.8% pullback, the Office of Federal Housing Enterprise
Oversight (OFHEO) reported Tuesday.
The consensus had been looking for a 0.8% month-over-month pullback in
May.
“It is very tough to draw conclusions from a one-month number,
particularly in these uncertain times;
and West North Central Divisions may be good signs…”
Original post by Mortgage News Daily - Mortgage And Real Estate News
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