NAHB Launches Index to Track Growing Housing Markets

NAHB Improving Markets Index tracks improving housing markets across the country.
Courtesy of HousingZone.com

A new monthly economic index from NAHB will track improving housing markets across the country by evaluating three key economic indicators: employment growth numbers, house price growth data, and single-family housing permit growth data.

NAHB Improving Markets Index launched on Sept. 7, relying on data from Bureau of Labor Statistics, Freddie Mac and U.S. Census Bureau. To make the list, a metro area must see improvement in all three areas for at least six months following their respective troughs.

– Courtesy of HousingZone.com