The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 11/21/13

Thursday, November 21, 2013

BuilderBytes' MetroIntelligence Economic Update for 11/21/13

Please click here to see the edition of BuilderBytes for 11/21/13 on the Web.  Please note that BuilderBytes will now be published on Tuesdays, Thursdays and Fridays.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Existing home sales dipped by 3.2 percent in October; prices continued to rise
  • Retail sales in October higher than forecast
  • CPI fell by 0.1 percent in October; down by 1.0 percent over previous 12 months
  • Business inventories rose more than expected in September
  • Overall mortgage applications fall by 2.3 percent in latest survey but purchase loans up by 6 percent
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