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Home Prices Show Positive Growth But Slowest In Ten Years

By admin | June 1, 2007

It's not exactly like waiting for Christmas or the first day of summer vacation, but we do look forward to the release of our favorite housing report each quarter; the Office of Federal Housing Enterprise Oversight (OFHEO) House Price Index.

The HPI for the first quarter of 2007 was released on Thursday and showed a price appreciation that was 0.5 percent higher than in the fourth quarter of 2006. This is the lowest quarterly appreciation recorded since...

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Topics: Mortgage News |

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