11/8: MetroIntelligence Economic Update by P. DUFFY

September CoreLogic Home Price Index up 0.4 percent from August and 3.5 percent year-on-year The September CoreLogic Home Price Index (HPI™) rose 0.4 percent from August and 3.5 percent year-on-year.  In addition, the CoreLogic HPI Forecast indicates annual price growth will increase another 5.6 percent by September 2020. https://www.corelogic.com/news/corelogic-reports-september-home-prices-increased-by-3.5-year-over-year.aspx   3Q 2019 labor productivity slipped 0.3 percent, first decline since 4Q 2015 Nonfarm business sector labor productivity decreased for the first time since late 2015 in the third quarter of 2019, falling by 0.3 percent in the third quarter of…

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