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...
Posted to
MND NewsWire
by
Glenn Setzer
on
Fri, Mar 3 2006
Filed under:
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
The National Association of Realtors (NAR) has issued its report for both December existing home sales and for the entire last year. Total sales for the year, including single-family houses, townhouses, condos, and co-ops totaled 7,072,000 units. This was 4.2 percent higher than the 6,784,000 recorded...