THE BASIS POINT

Home Prices up.

 

Jobless Claims (week ended 1/17/2015)
– New Claims (seasonally adjusted)  307,000. Previous was 317,000
– New Claims (unadjusted) totaled 380,934, a decrease of 148,530  from the previous week.
– 4-week Moving Average (seasonally adjusted) 306,500 Previous was 300,000

FHFA House Price Index (November 2014)
– month/month +0.8%. Previous was +0.6%
– month/month +5.3%. Previous was +4.5%

These are prices of single-family homes purchased with conforming loans.

 

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