The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 11/23/2011

Wednesday, November 23, 2011

BuilderBytes' MetroIntelligence Economic Update for 11/23/2011

Please click here to see the edition of BuilderBytes for 11/23/2011 on the Web. Because of the Thanksgiving holiday, for this issue it's being published on Wednesday instead of Thursday.

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

  • October sales of existing homes rise, unsold inventory continues to decline
  • Third quarter 2011 GDP revised from 2.5% to 2.05%
  • Additional easing discussed at last federal reserve meeting
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