Please click here to see the edition of BuilderBytes for 12/22/11 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Both housing starts and permits rise sharply in November, largely on the strength of multi-family units
- Sales of existing homes in November rise to ten-month high
- Home builder confidence climbs to highest level since May 2010
- Mortgage applications decline by 2.6% even as rates drop to new 2011 low
- MBA study shows potential buyers ready to commit but seller sentiment remains negative
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Want to make sure your company or event is included in the events calendar? Contact editor Dani Smith at dsmith@penpubinc.com.
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