U.S. House Prices Fall 1.6 Percent in the Third Quarter; Declines in Most Parts of the Country
News release: “U.S. house prices fell in the third quarter of 2010 according to the Federal Housing Finance Agencys (FHFA) seasonally adjusted purchase-only house price index (HPI). The HPI, calculated using home sales price information from Fannie Mae- and Freddie Mac-acquired mortgages, was 1.6 percent lower on both a seasonally adjusted and unadjusted basis in …