New Home Sales Highest in 8 Years.

MBA Mortgage Applications  (week ended 1/22/2015)

– Purchase Index Week/Week +5.0%. Previous weeks were -2.0%, +18.0%,-15.0%, +4.0%, -3.0%,

+0.04%, +8.0%, -1.0%, +12.0%, +0.1%, -1.0%, -3.0%, and +16.0%,.

– Refinance Index Week/Week +11.0%. Previous weeks were +19.0%, +24.0%, -37.0%, +11.0%,

+1.0%, +4.0%, -6.0%, -5.0%, +2.0%, -2.0%, -1.0%, -4.0%, and +9.0%.

– Composite Index Week/Week +8.8% . Previous weeks were +9.0%, +21.3%, -27.0%, +7.3%, -1.1%,

+1.2%, -0.2%, -3.2%, +6.2%, -1.3%, -0.8%, and -3.5%.

 

New Home Sales (December 2015)

– New Home Sales seasonally adjusted, annualized 544,000. Previous was 491,000.

Month-to-month data has been inconsistent but any gain is welcomed.