The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 5/18/12

Friday, May 18, 2012

BuilderBytes' MetroIntelligence Economic Update for 5/18/12

Please click here to see the edition of BuilderBytes for 5/18/12 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • April housing starts jump by 29.9% over same month of 2011 and 2.6% above previous month
  • April building permits rise by 23.7% above same month of 2011 but fall by 7.0% from previous month
  • Industrial production rises by 1.1% in April, far above expectations and the biggest jump since December 2010
  • Mortgage applications rise by 9.2% in latest survey
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