Here are today’s statistics on the state of the economy:

The MBA reports mortgage applications rose 7.0% last week, with purchases up 3.0% and re-fis up 8.0%.

The FHFA House Price Index rose 0.6% in November, as home prices continue to rise.

In weekly retail sales, Redbook reports same-store sales rose a weak 1.8% on a year-over-year basis. ICSC-Goldman Store Sales fell -1.5% for the week, the third straight decline, but Year-over-year sales were up a solid 3.2%.

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Dale Franks
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