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
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…