Home Price Increases Seen Slowing In OFHEO Report
We have often said that the quarterly Office of Housing Enterprise
Oversight (OFHEO) Home Price Index (HPI) report is one of the most
interesting of the dozens of surveys and measures of the housing
market that come out every month, quarter, or year.
...The
unknown report "is probably the best overall indicator of
what is happening overall to home values. We think it is the most important
number coming out next week," said David Berson, chief economist at Fannie
Mae.
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