84 Housing Markets on Improving List in July
The list of U.S. housing markets showing measurable and sustained improvement rose by four to include 84 metros in July, according to the NAHB/First American Improving Markets Index (IMI), released this week.
- Prescott, Ariz.;
- Springfield, Mass.;
- St. Cloud, Minn.; and
“The modest increase in the July IMI is encouraging because it indicates that individual housing markets continue to regain their footing despite some recent reports of weakening in the broader economy,” noted NAHB Chief Economist David Crowe. “This is evidence that the housing recovery is slowly but surely taking root, one market at a time.” List of Improving Housing Markets
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