Special offer

The Flawed Home Price Index Shows Home Values Up 0.8 Percent

By
Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

Monthly change in Home Price Index from April 2007 peak

Last week, the Case-Shiller Index reported home values up 0.8 percent across 20 tracked markets. The public-sector Federal Housing Finance Agency has reached a similar conclusion.

Reporting on a two-month lag, the government's Home Price Index shows home values up 0.8 percent in April, buoyed by the expiring federal home buyer tax credit and low mortgage rates.  It's a........

 

Read the COMPLETE BLOG POST HERE:

The Flawed Home Price Index Shows Home Values Up 0.8 Percent

Comments(0)