Improving Housing Markets Increase
The number of real estate markets deemed as "improving" by the National Association of Home Builders increased to 84 this month; a slight increase from the 80 from last month. For a market to be deemed improving, it needs to show better numbers in building permits, employment and home prices for at least six months.
This encouraging news continues to indicate that the housing market is regaining its footing. This is just more evidence that the housing market recovery is slow, but starting to take root around the country. The biggest city to join the list this month – Houston, Texas.
Did your city make the list? To see all of the cities listed as "improving", click here.