Tuesday, June 22, 2010

Housing Price Index up to 0.8% from 0.3%


The Housing Price Index released by the Office of Federal Reserve Housing Enterprise Oversight showed US home prices surged by 0.8% in April compared to a revised 0.1% in March, instead of the previously noted 0.3%.

Despite Government tax credit programs favoured the increase on prices, it is a positive factor to see the housing market picking up, which acts as a reliable indicator of the US economic situation.

Housing Price Index (MoM)

0.8%
Actual
0.3%
Consensus

Stumble
Delicious
Technorati
Twitter
Digg
Facebook
Reddit

Enter your email address:

Delivered by Dollars Trade

Followers

Recent Posts

 

Forex Special Copyright © 2010 Dollars Trade is Designed by Mian Asad Ali