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House Price Index Falls 0.8 Percent in Fourth Quarter 2010; House Prices Decline in...

WASHINGTON, DC - February 24, 2011 - (RealEstateRama) -- U.S. house prices fell in the fourth quarter of 2010 according to the Federal Housing Finance Agency’s (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 0.8 percent lower on a seasonally adjusted basis in the fourth quarter than in the third quarter of 2010. The unadjusted national decline was 2.2 percent. Over the past year, seasonally adjusted prices fell 3.9 percent from the fourth quarter of 2009 to the fourth quarter of 2010

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

Atlanta REALTOR® Wins National Award

The National Association of Realtors® last week presented Ennis Antoine with a Meritorious Service Award for his legislative and regulatory accomplishments as one of NAR's Federal Political Coordinators. During each Congressional term, NAR selects 535 FPCs to serve as a conduit between Members of Congress and his or her respective real estate market.