The OFHEO House Price Index (HPI) usually doesn't get too much attention (except here where we regard it as the best, or at least the most interesting of the periodic housing indicators) but this time around people began anticipating it days before it was actually issued and there was speculation that...
It has, by no means, burst, but the quarterly House Price Index (HPI) report issued by the Office of Federal Housing Enterprise Oversight (OFHEO) on March 1 indicates that there may be a slow leak in the housing bubble . Same house sales during the fourth quarter showed an increase of 1.69 percent over...