The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 4/17/15

Friday, April 17, 2015

BuilderBytes' MetroIntelligence Economic Update for 4/17/15

Please click here to see the edition of BuilderBytes for 4/17/15 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Housing starts rose 2.0 percent in March to 926,000 pace
  • Building permits fell 5.7 percent in March, but still above 1 million-unit annual pace since last July
  • Initial unemployment claims rise by 12,000 in latest report, but 4-week average almost flat
  • Empire State Manufacturing Survey shows flat business activity in April
  • Phildalphia Fed's Business Outlook Survey rose modestly in April
  • Mortgage applications fall 2.3 percent in latest survey
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