TABLE-U.S. home prices fell in March--FHFA

May 27 (Reuters) - U.S. Federal Housing Finance Agency
home price index:

Mar'09 Feb'09 (Prev) Mar'09/08

Pct change -1.1 0.2 0.7 -7.3

Mar'09 Feb'09 (Prev) Mar'08

Index 199.3 201.6 202.8 215.0

Q1'09 Q4'08 (Prev) Q1'09/08

Pct change -0.6 -3.3 -3.4 -7.1

NOTES:

FHFA Director James Lockhart said "Our latest data are
consistent with growing evidence that housing market conditions
may be stabilizing in some parts of the country, especially
areas not covered by the other major repeat sales price
index."

The home price index is calculated using purchase prices of
houses financed with mortgages that have been sold to or
guaranteed by Fannie Mae FNM.N or Freddie Mac FRE.N.

The report is found on Web site www.ofheo.gov.