According to the Federal Housing Finance Agency, the regulator for Fannie Mae and Freddie Mac, has released its home price indices for April.
On a Month-over-month (MoM) basis, home price gains were highest in the West South Central (1.6%) and South Atlantic (1.4%). The Pacific grew only 0.2%.
The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.
This report tells why, and what to look for in the data and the markets. GO TO THE POST
West South Central and East South Central only grew at 0.1%.