Daily Archives: July 25, 2012

June New Home Sales, July Mortgage Apps, Richmond Fed

Home Sales Stumble as Economy Cools New Home Sales for June fell by 8.4 percent, to a 350,000 unit annual sales rate. Mortgage Applications for the week ending July 20 increased slightly, driven by refis. The Richmond Fed’s Manufacturing Activity … Continue reading

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California Economy Rises in May

Comerica Bank’s California Economic Activity Index rose more than one and a half points to a level of 103.6 in May. May’s reading is 30 points, or 42 percent, above the index cyclical low of 73.2. Year-to-date the index has … Continue reading

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