The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 2/24/12

Friday, February 24, 2012

BuilderBytes' MetroIntelligence Economic Update for 2/24/12

Please click here to see the edition of BuilderBytes for 2/24/12 on the Web.

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

  • Existing home sales by 4.3% in January
  • U.S. home prices fell by 0.1% during fourth quarter of 2011
  • Initial unemployment claims remain unchanged at 351,000 in most recent report
  • Mortgage applications fall by 4.5% in most recent survey

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