Investing.com - The U.S. house price index rose more-than-expected last month, official data showed on Wednesday.
In a report, Office of Federal Housing Enterprise Oversight (OFHEO) said that U.S. HPI rose to a seasonally adjusted 0.5%, from 0.3% in the preceding month whose figure was revised down from 0.4%.
Analysts had expected U.S. HPI to rise 0.4% last month.
In a report, Office of Federal Housing Enterprise Oversight (OFHEO) said that U.S. HPI rose to a seasonally adjusted 0.5%, from 0.3% in the preceding month whose figure was revised down from 0.4%.
Analysts had expected U.S. HPI to rise 0.4% last month.