The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 6/24/16

Friday, June 24, 2016

BuilderBytes' MetroIntelligence Economic Update for 6/24/16



Please click here to see the edition of BuilderBytes for 6/24/16 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
  • May new home sales dipped 6.0 percent from April but still up 8.7 percent year-on-year
  • Leading Economic Index declined in May as initial unemployment claims rose
  • Mortgage loan applications rose 2.9 percent in latest survey as rates fall to lowest level since May 2013
  • Initial unemployment claims fall 18,000 in latest report
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