Housing Price Index in USA. (HPI) 0.4% vs. 0.4% forecast

The housing price index in the United States rose last month, official data showed on Tuesday.

In a report, Federal Office of Housing Enterprise Oversight (OFHEO) said Housing Price Index in USA (HPI) rose to a seasonally adjusted 0.4%, from 0.0% the previous month.

Analysts had expected last month Housing Price Index in USA (HPI) grew 0.4%.