Pending Home Sales Index:
The Pending Home Sales Index slipped in October to 107.2, off 1.7 percent from September's reading. The latest index is 13.2 percent below the level reported a year earlier.
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Existing-Home Sales:
Home resale activity rose 0.5 percent in October to a seasonally adjusted annual rate of 6.24 million units. The inventory of homes rose as well, which is typical in the seasonal rush to list homes before the winter.
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New-Home Sales:
New-home sales declined 3.2 percent in October to a seasonally adjusted annual rate of 1.0 million units.
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Housing Starts:
Housing starts fell a sharp 15 percent in October. The seasonally adjusted annual rate of 1.49 million units is the lowest since July 2000.
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Housing Affordability: The Housing Affordability Index rose for the third straight month to 107.1 in October.
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Mortgage Rates:
The 30-year, fixed-rate mortgage drifted lower in November to 6.27 percent.
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Purchase Applications:
The Mortgage Bankers Association reported that mortgage loan application activity rose to an index reading of 406.8 in November.
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Employment:
Payroll employment rose by 132,000 jobs in November, and the unemployment rate rose to 4.5 percent.
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Inflation:
The Consumer Price Index (CPI) fell 0.5 percent in October.
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