More Cities Join 'Improving' Housing Market List

The National Association of Home Builders’ list of improving housing markets nearly doubled this month, as more cities showed signs of a rebound with their real estate markets.

The list now contains 76 improving markets, up from 41 in December, according to NAHB’s and First American’s Improving Markets Index, a monthly gauge that measures a city’s improvements in housing permits, employment, and housing prices for at least six months. 

"The fact that the list of improving housing markets nearly doubled this month shows that a significant, positive trend is developing, and is even more relevant when you consider the expanding geographic distribution of the list — which now includes 31 states and the District of Columbia," NAHB Chairman Bob Nielsen said in a statement. 

These cities were added to the list in January: 

  • Florence, Ala.
  • Tuscaloosa, Ala.
  • Fayetteville, Ark.
  • Denver, Col.
  • Greeley, Col.
  • Bridgeport, Conn.
  • New Haven, Conn.
  • Cape Coral, Fla.
  • Jacksonville, Fla.
  • Punta Gorda, Fla.
  • Honolulu, Hawaii
  • Ames, Iowa
  • Des Moines, Iowa
  • Dubuque, Iowa
  • Elkhart, Ind.
  • Indianapolis, Ind.
  • Lafayette, Ind.
  • Lake Charles, La.
  • Worcester, Mass.
  • Grand Rapids, Mich.
  • Lansing, Mich.
  • Monroe, Mich.
  • Minneapolis, Minn.
  • Columbia, Mo.
  • Joplin, Mo.
  • Fargo, N.D.
  • Manchester, N.H.
  • Cincinnati, Ohio
  • Oklahoma City, Okla.
  • Tulsa, Okla.
  • Corvallis, Ore.
  • Erie, Pa.
  • Philadelphia, Pa.
  • Chattanooga, Tenn.
  • Clarksville, Tenn.
  • Nashville, Tenn.
  • College Station, Texas
  • Dallas, Texas
  • Victoria, Texas
  • Madison, Wisc.

View a complete list of all 76 metro areas on the Improving Markets Index list at www.nahb.org/imi. 

Source: National Association of Home Builders

Bob Young

Bob Young

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