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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (552058)	2/25/2010 2:36:40 PM
From: tejek	Respond to of 1583384

FHFA House Prices Drop 1.6% in December, 1.2% in 2009 2/25/2010 10:29 AM EST U.S. house prices fell slightly in the fourth quarter of 2009, 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 0.1% lower on a seasonally adjusted basis in the fourth quarter than in the third quarter of 2009. Over the year ending with the fourth quarter of 2009, seasonally adjusted prices fell 1.2%. The decline in prices in Q4 was much more significant when measured without seasonal adjustment. The unadjusted national drop was 1.5%, a much larger drop than the 0.1% decline measured on a seasonally adjusted basis. FHFA's seasonally adjusted monthly index for December was down 1.6% from its November value, reversing price increases over the prior months. The monthly change from October to November was revised downward to +0.4%, from an initial estimate of +0.7%.