UGLY: House Price Index Misses Expectations With A Big Downward Revision To Last Month

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Photo: Doc Searls, Flickr

Housing week has been a disappointment.The latest:

The FHFA house price index showed that home prices grew 0.0% in the month vs. expectations of a 0.3% expected gain.

And then then last month was revised from a gain of 0.7% to just 0.1%.

You can find the full report here >

Blech.

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