The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 5/25/12

Friday, May 25, 2012

BuilderBytes' MetroIntelligence Economic Update for 5/25/12


Please click here to see the edition of BuilderBytes for 5/25/12 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • NAHB's Housing Market Index rises to highest level in five years
  • New home sales rise to second-highest level in two years
  • FHFA House Price Index shows gain in first quarter of 2012 for home purchases.
  • Initial unemployment claims fall by 2,000 in latest survey
  • Mortgage applications rise by 3.8% in latest survey as refinances rise by 5.6%
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