The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 1/25/13

Friday, January 25, 2013

BuilderBytes' MetroIntelligence Economic Update for 1/25/13


Please click here to see the edition of BuilderBytes for 1/25/13 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Leading Economic Index jumps in December as housing turns into a positive for growth
  • Initial unemployment claims fall by 5,000 in latest report
  • FHFA House Price Index rose by 0.6% in November and by 5.6% for previous 12 months
  • Mortgage applications rise by 7.0% in latest survey, mostly due to refinancings
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