The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 11/30/12

Friday, November 30, 2012

BuilderBytes' MetroIntelligence Economic Update for 11/30/12


Please click here to see the edition of BuilderBytes for 11/30/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • New home sales in October dip by 0.3% from September but 17.2% above October 2011
  • Pending home sales rose by 5.2% in October to 104.8, the highest level since March 2007
  • S&P Home Price Indices rise for sixth consecutive month
  • Conference Board Consumer Confidence Index rises to highest level since February 2008
  • 3rd quarter 2012 GDP rises to 2.7% from 2.0% in second estimate
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