Last week was a big week for news about the housing
bubble and the quarterly House Price Index (HPI) report of the
Office of Federal Housing Enterprise Oversight (OFHEO) released on March 1
was a good deal more optimistic about price growth than
were the Census Bureau and Department of Housing and Urban Development
joint report
on new home sales and the National Association of Realtors existing
home sales report, both issued days earlier and both showing that sales
and price increases are slowing down.
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Filed under: housing bubble, real estate bubble, ofheo, refinancing, housing prices, California, Florida, average home prices, Housing Market Slowdown, housing price index, Arizona home prices, Las Vegas, Nevada