The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 11/10/2011

Thursday, November 10, 2011

BuilderBytes' MetroIntelligence Economic Update for 11/10/2011

Please click here to see the edition of BuilderBytes for 11/10/2011 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

  • Mortgage applications rise by 10.3% over previous week; Purchase Index rises to highest level since August 2011
  • Consumer credit increased b $7.5 billion in September
  • Monthly wholesale sales in September up by 15% year-over-year as inventories slowly decline
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