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Analysts Unsure Housing Market Turned Around

A pair of housing price indicators seems to show that the housing market in the U.S. might be rebounding, but analysts are unsure.

By David Morrison | Updated on July 25, 2012

A pair of housing price indicators seems to show that the housing market in the U.S. might have hit bottom and be ready to rebound, but analysts are unclear if that is what they mean.

First, the Federal Home Finance Agency, the regulator and de-facto manager of both Fannie Mae and Freddie Mac, reported that by its records, housing prices increased 0.8% in May, following a 0.7% in April.

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