The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 6/17/16

Friday, June 17, 2016

BuilderBytes' MetroIntelligence Economic Update for 6/17/16



Please click here to see the edition of BuilderBytes for 6/17/16 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • Builder confidence rises two points to 60 in June, highest level since January
  • CPI rose 0.2 percent in May and 1.0 percent over previous 12 months
  • Mortgage applications dip 2.4 percent in latest survey even as rates dip to lowest level since January 2015
  • Initial unemployment claims rise by 13,000 in latest report
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