The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 6/25/12

Monday, June 25, 2012

BuilderBytes' MetroIntelligence Economic Update for 6/25/12

Please click here to see the edition of BuilderBytes for 6/25/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Leading Economic Index rose by 0.3% in May, reversing April's decline
  • Philadelphia Federal Reserve Business Outlook survey falls in June; future activity indicators improve slightly
  • Although overall mortgage applications fall by 0.8% in latest survey, FHA refinancings more than double during the week
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