Unlike the see-saw figures on housing sales and house prices that come out monthly from the National Association of Realtors and the Census Bureau, the House Price Index (HPI) published quarterly by the Office of Federal Housing Enterprise Oversight (OFHEO) takes the longer view. The HPI for the fourth...
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...