U.S. House Prices Fall 0.8% Month-by-Month in April, Says OFHEO

U.S. house prices fell 0.8% month-over-month in April
following March’s revised 0.6% decline, the Office of Federal Housing
Enterprise Oversight (OFHEO) reported Tuesday.

The consensus had been looking for a 0.4% month-over-month pullback in
April.

Leading the decline was a 2.0%

month-over-month fall in the Pacific
region, followed by a…

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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