More than 70 percent of U.S. metros’ housing markets are showing signs of strengthening, according to the June release of the National Association of Home Builders/First American Improving Markets Index.
The number of improving housing markets totaled 263 in June, with metros from 49 states and the District of Columbia included. The index identifies metro areas that have shown improvement in housing permits, employment, and housing prices for at least six consecutive months. For June, 29 metros were added to the list while 24 dropped off. Among the new metros added in June: Salinas, Calif.; Sioux City, Iowa; Chicago; Topeka, Kan.; Baton Rouge, La.; Laredo, Texas; and Philadelphia. How are Home Buyers Faring?
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