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Home-price scorecard: A turning market, but which way?

Posted on 05 June 2012

Michael FederOur latest price scorecard raises the question of whether a real or false spring is under way. The March numbers, which show the percentage change in prices compared with March 2011, offer a rare “thumbs up” from an index: one from the Federal Housing Finance Agency following home purchases involving loans backed by Fannie Mae or Freddie Mac.
An earlier Developments post explored how foreclosures might play less of a role in this index, but its upbeat result isn’t as much of an outlier as it might seem here………………………………………..Full Article: Source


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