According to the National Association Home Builders (NAHB)/First American Improving Markets Index (IMI), five U. S. housing markets have been added to the list of those returning to health in June. Based on housing permits, employment and house prices that have been improving for six months, “This is the fifth consecutive month in which the IMI has designated more than 70 percent of U.S. metros as improving,” observed NAHB Chairman Rick Judson. As MHProNews has learned, twenty-nine markets were added to the IMI while 24 markets fell away from the list. NAHB Chief Economist David Crowe says, “The number of improving markets is now more than three times what it was in June 2012.”

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