The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 1/29/15

Thursday, January 29, 2015

BuilderBytes' MetroIntelligence Economic Update for 1/29/15

Please click here to see the edition of BuilderBytes for 1/29/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Existing home sales bounced back in December as median home prices continued to climb
  • December new home sales jump to highest level in six years
  • S&P/Case-Shiller Indices report declining year-over-year growth rates in November
  • Consumer confidence rises to highest level since August 2007
  • Leading Economic Index rose again in December as short-term outlook continues to improve
  • Durable goods orders fall 3.4 percent in December due mostly to plunge in commercial aircraft orders
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