U.S. House Prices Fall 0.8% Month-Over-Month in April, Says OFHEO

U.S. house prices fell 0.8% month-over-month in April following March's revised 0.6% decline, the Office of Federal Housing Enterprise Oversight (OFHEO) reported Tuesday. The consensus had been looking for a 0.4% month-over-month pullback in April. Leading the decline was a 2.0% month-over-month fall in the Pacific region, followed by a... ...