THE BASIS POINT

Housing Market Index Shows Continued Growth.

 

Empire State Manufacturing Survey  (May 2016)

– General Business Conditions Index -9.02. Previous was +9.56.

April’s gain was lost.

 

 

Housing Market Index

– Housing Market Index 58.  Previous was 58.

Buyer traffic and participation by first-time homebuyers remains weak reflecting weak economic growth and tougher mortgage qualifying mandates.
This is a survey index produced by The National Association of Home Builders.

 

READ OUR NEWSLETTER

YOUR COMPETITORS ALREADY DO

Comments [ 0 ]

WHAT DID WE MISS? COMMENT BELOW.

All comments reviewed before publishing.

3 + ten =

x