Clarksville-Montgomery County Housing Market is amongst Nation’s Best
July 13, 2012
The National Association of Home Builders recently released an index of housing markets that are on the rise.
Washington, D.C. – The National Association of Home Builders (NAHB) recently unveiled an index that tracks housing markets on the mend, the NAHB/First American Improving Markets Index (IMI). The IMI is intended to draw attention to the fact that housing markets are local and that there are metropolitan areas where economic recovery is underway.
The index measures three readily available monthly data series that are independently collected and are indicative of improving economic health. The three are employment, house prices and single family housing permit growth.