The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 3/23/12

Friday, March 23, 2012

BuilderBytes' MetroIntelligence Economic Update for 3/23/12

Please click here to see the edition of BuilderBytes for 3/23/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Leading indicators index rises for fifth straight month
  • February existing home sales slip slightly form January but 8.8% higher than February 2011
  • Mortgage applications fall as rates rise slightly
  • Initial unemployment claims fall by 5,000 in latest survey
  • FHFA House Price Index unchanged from December to January, down by 0.8% over last year
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