Federal report: Home prices still going up
30.08.2007 20:40
NEW YORK (CNNMoney.com) -- Home prices increased during the three months ended June 30, albeit only slightly, according to the latest quarterly report from the Office of Federal Housing Enterprise Oversight (OFHEO).
The OFHEO House Price Index (HPI) rose 0.1 percent compared with the first quarter of 2007 and 3.2 percent compared with the second quarter of 2006. The HPI includes data on houses purchased as well as those refinanced.
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