Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Improving Housing Markets Holds Steady
Apr 10, 2013
 Printable format
 Email this Article
 Search

The list of improving U.S. housing markets, which had been growing for seven months in row, remained essentially flat in April. April showed 273 metros on the National Association of Home Builders/First American Improving Markets Index (IMI)--down one from March's list.

The list again includes metros in all 50 states and the District of Columbia.

The IMI lists metropolitan areas showing at least six months of improvement from their respective troughs in housing permits, employment, and house prices. Five markets were added and six markets dropped from the list in April.

"The stability in the improving markets list this month is encouraging, with three quarters of all metros tracked by our index considered on the upswing as the housing recovery spreads to parts of every state," said NAHB Chairman Rick Judson, a home builder from Charlotte, NC. "In some markets, the main thing that's holding back a recovery is a relatively thin inventory of homes for sale, which could be resolved if builders had easier access to credit for building homes and putting people back to work."

"After a strong run-up through late 2012 and early 2013, the number of improving markets is holding steady at a high level," said NAHB Chief Economist David Crowe. "We can expect to see more gradual gains going forward as challenges related to increased demand kick in - including everything from tightened supplies of developable lots and labor to the rising cost of building materials."

"With 75% of the country seeing measurable improvement in housing market conditions, the outlook is definitely brightening for local economies this spring," noted Kurt Pfotenhauer, vice chairman of First American Title Insurance Company.

Back to Daily News

 

Daily News

...........................................................

Sep 24, 2014: Haier becomes first refrigerator maker to offer a lifetime compressor warranty

Sep 24, 2014: New condensing dishwasher from Whirlpool's plant in Wroclaw, Poland

Sep 24, 2014: Index points to growth in consumer spending on tech products in remaining months of 2014

Sep 24, 2014: Manufacturing technology orders down in July

Sep 23, 2014: Shipments and placements of new manufactured homes up in July

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows