The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 8/31/12

Friday, August 31, 2012

BuilderBytes' MetroIntelligence Economic Update for 8/31/12


Please click here to see the edition of BuilderBytes for 8/31/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Pending home sales rise to highest level in two years
  • U.S. GDP revised to 1.7% for 2Q 2012
  • Initial unemployment claims remain unchanged from previous week
  • Mortgage applications fall by 4.3% in latest survey, mostly due to fewer refinancings
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