The National Association of Home Builders’ list of improving housing markets nearly doubled this month, as more cities showed signs of a rebound with their real estate markets.
The list now contains 76 improving markets, up from 41 in December, according to NAHB’s and First American’s Improving Markets Index, a monthly gauge that measures a city’s improvements in housing permits, employment, and housing prices for at least six months.
"The fact that the list of improving housing markets nearly doubled this month shows that a significant, positive trend is developing, and is even more relevant when you consider the expanding geographic distribution of the list — which now includes 31 states and the District of Columbia," NAHB Chairman Bob Nielsen said in a statement.
These cities were added to the list in January:
- Florence, Ala.
- Tuscaloosa, Ala.
- Fayetteville, Ark.
- Denver, Col.
- Greeley, Col.
- Bridgeport, Conn.
- New Haven, Conn.
- Cape Coral, Fla.
- Jacksonville, Fla.
- Punta Gorda, Fla.
- Honolulu, Hawaii
- Ames, Iowa
- Des Moines, Iowa
- Dubuque, Iowa
- Elkhart, Ind.
- Indianapolis, Ind.
- Lafayette, Ind.
- Lake Charles, La.
- Worcester, Mass.
- Grand Rapids, Mich.
- Lansing, Mich.
- Monroe, Mich.
- Minneapolis, Minn.
- Columbia, Mo.
- Joplin, Mo.
- Fargo, N.D.
- Manchester, N.H.
- Cincinnati, Ohio
- Oklahoma City, Okla.
- Tulsa, Okla.
- Corvallis, Ore.
- Erie, Pa.
- Philadelphia, Pa.
- Chattanooga, Tenn.
- Clarksville, Tenn.
- Nashville, Tenn.
- College Station, Texas
- Dallas, Texas
- Victoria, Texas
- Madison, Wisc.
To view a complete list of all 76 metro areas on the Improving Markets Index CLICK HERE.
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