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NAHB Counting on Employment Strength to Eventually Help Housing

Friday, February 6, 2015

The National Association of Home Builders (NAHB) said today that nationwide metropolitan area markets are improving at a constant pace and are nearing normal economic and housing activity.  The Association's Leading Market Index (LMI) issued in conjunction with First American Title Company rose slightly to .90 in the fourth quarter of 2014. 

The index is based on current data on building permits, home prices, and employment in each of 350 metropolitan areas nationwide.  The national figure indicates that 4th quarter activity was at 90 percent of normal levels...

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