Please click here to see the edition of BuilderBytes for 6/29/12 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Pending home sales in May bounce back to highest level in two years
- Durable goods orders rose by 1.1% in May after two months of declines
- Final estimate of GDP in 1Q12 at 1.9%
- Initial unemployment claims fall by 6,000 in most recent report
- Mortgage applications fall in latest survey, mostly due to decline in FHA refinancings as premiums rise
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