MBA Mortgage Applications (week ended 1/18/2013)
– Purchase Index – Week/Week +3.0%
– Refinance Index – Week/Week +8.0%
-Composite Index – Week/Week +7.0%
This marks three consecutive weeks of increase in applications. Due to the holidays the data has been bouncy but there is a definite trend upwards.
FHFA House Price Index (November 2012)
– Month/Month +0.6% – Year/Year +5.6%.
This index is from the Federal Housing Finance Agency and covers only single family homes purchased with conforming conventional mortgages.
Chain Store Sales (week ended 1/19/2013)
ICSC-Goldman Store Sales
– Week/Week -1.5%
– Year/Year +3.2%
This marks 3 consecutive declines in the week/week. Last week the data was -0.6% and the previous week it was -4.2%.
– Year/Year +1.8%