NAHB Improving Markets Index increases to 99 markets



The NAHB Improving Markets Index increased to 99 markets up from 80 markets in August.   As you can see in the map below, the markets are in a variety of areas now.   When the markets first began making the IMI, they were all in the agricultural or energy producing regions – now the index has expanded into a variety of a regions.

“The number of improving housing markets grew by 19 in September as 68 metros retained their spots, 31 new metros were added and just 12 dropped off the list,” noted Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. “This solid growth is an encouraging sign that housing continues on a slow but steady recovery path that is gradually advancing from one local market to the next.”

Read NAHB IMI Press Release

Minneapolis / St Paul has NOT worked it’s way back onto the Improving Markets Index after making the list briefly.   The 31 new markets that were added in September are:

Altoona, PA
Amarillo, TX
Barnstable Town, MA
Bend, OR
Charlottesville, VA
Cleveland, TN
College Station, TX
Crestview, FL
Des Moines, IA
Fort Collins, CO
Greeley, CO
Greenville, NC
Huntington, WV
Jackson, MI
Jacksonville, FL
Kennewick, WA
Lafayette, LA
Lakeland, FL
Lawton, OK
Little Rock, AR
Mount Vernon, WA
Punta Gorda, FL
Rapid City, SD
Sacramento, CA
Sebastian, FL
Sioux City, IA
Springfield, IL
Tucson, AZ
Utica, NY
Waco, TX
Yuma, AZ

 

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About Craig Kamman

Realtor. Twin Cities Area specializing in New Construction, Development and Investment Properties.

About

Realtor. Twin Cities Area specializing in New Construction, Development and Investment Properties.

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