The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 3/28/12

Wednesday, March 28, 2012

BuilderBytes' MetroIntelligence Economic Update for 3/28/12

Please click here to see the edition of BuilderBytes for 3/28/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

  • Pending home sales index dips in February but is 9.2% above February 2011
  • Although national S&P/Case-Shiller Home Price Index declined in January, prices rose in Miami, Phoenix and Washington, D.C.
  • Consumer confidence retreats slightly in March but consumers still believe economic rebound on track

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