The National Association of Home Builders/First American Improving
Markets Index increased again in June to now include more than 70% of
the U.S. metro areas.
The Improving Markets Index or IMI is a list of metropolitan areas that
have shown improvement through the areas of housing permits, employment
and house prices for at least the past six months.
Twenty-nine new markets were added to the list while twenty-four
previously listed markets were removed. This fluctuation is a product of
a slow recovery and confirmation that the housing industry still has
challenges to face. However the IMI list is three times larger this
year than last year according to the NAHB.
For a full list of improving markets visit the NAHB's website
HERE.