The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 9/29/2011

Thursday, September 29, 2011

BuilderBytes' MetroIntelligence Economic Update for 9/29/2011

Please click here to see the edition of BuilderBytes for 9/29/2011 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

  • New home sales and prices continue to fall, but inventory totals just 6.6 months.
  • Case-Shiller composite indices rise for fourth month
  • Consumer confidence index sends mixed signals for September
  • Mortgage loan applications rise as rates decline
  • Orders for non-defense capital goods rise more than expected

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