It Is Time To Buy ....... The Office of Federal Housing Enterprise Oversight (OFHEO) monthly House Price Index reported that seasonally-adjusted monthly price changes from April to May ranged from -1.2 percent in the South Atlantic Division to 0.3 percent in the Pacific Division. The price increase was the first in the Pacific Division since March 2007. “It is very hard to draw conclusions from a one-month number, especially in these uncertain times; but the numbers in the Pacific, East and West North Central Divisions may be good signs.”
