The NAHB (National Association of Home Builders) reports that the list of improving real estate markets has expanded slightly. This metric, tracked by the National Association of Home Builders/First American Improving Markets Index (IMI), now has 101 metro markets included, the result of 13 marlets beeing added to the list while 11 markets slipped back to "not improving" status.
This is a quarterly index from the the National Association of Home Builders (NAHB) and is similar to the overall housing market index (HMI). The NAHB started this index in Q4 2008, so the readings have been very low. From the NAHB:... Read Post
The National Association of Home Builders (NAHB) reports the housing market index (HMI) declined slightly to 16 in April from 17 in March. This was below expectations for a reading of 17. Confidence remains very low... any number un... Read Post
Housing bulls got another reason to sharpen their horns today as the National Associational of Home Builders added 29 metros to its list of housing markets showing improvement The index identifies metropolitan areas that are showing... Read Post