WASHINGTON (Dow Jones)–U.S. home prices fell 0.3% from April to May, the Office
of Federal Housing Enterprise Oversight said Tuesday.
Additionally, the government agency, which overseas mortgage finance giants
Fannie Mae (FNM) and Freddie Mac (FRE), said U.S. home prices fell 4.8% for the
12 months ending in May.
OFHEO’s monthly index is based on the purchase prices of houses [...]