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From the daily archives:

Wednesday, July 9, 2008

National housing statistics skewed?

by elizabeth

The simple answer is ‘yes’ according to a recent report issued by PMI Mortgage Insurance Co. (PMI) entitled Economic Real Estate Trends.
The report quotes the Office of Federal Housing Enterprise Oversight (OFHEO) saying “house prices (using the seasonally adjusted index) fell by 3.1% in the first quarter of 2008 from year earlier levels. But the [...]

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