Tag Archive for ‘Leading Markets Index’

Nation Inches Closer to a Recovery

For the country as a whole, the NAHB/First American Leading Markets Index (LMI), released today, rose to .97 in the second quarter of 2016, .01 point higher than its upwardly revised level in the first quarter of 2016, .96, and .05 point higher than its level from one year ago, .92. The LMI is now .19 point above its low of… Read More ›

Slow Progress to Normal

The NAHB/First American Leading Markets Index remained at .88 for the nation from May to June but was up 6 points from .82 in June 2013. The index measures progress back to and beyond normal economic and housing markets for 351 metropolitan areas. Three out of ten metros did see a monthly increase in their individual indexes and 83 percent… Read More ›

Metropolitan Markets Improve Slightly

The April NAHB/First American Leading Market Index rose one point to .88 from .87 in March. The index measures how close individual markets and the US market are relative to their last normal market activity. A total of 153 markets or about half of all markets were at or above the national index and 59 markets’ indexes were at or… Read More ›

Metropolitan Markets Improve Slightly

The April NAHB/First American Leading Market Index rose one point to .88 from .87 in March. The index measures how close individual markets and the US market are relative to their last normal market activity. A total of 153 markets or about half of all markets were at or above the national index and 59 markets’ indexes were at or… Read More ›

New Index Shows Housing Markets Back to Normal in 52 Metros

Housing markets in 52 out of the approximately 350 metro areas nationwide have now returned to or exceeded their pre-recessionary levels of activity, according to the new National Association of Home Builders/First American Leading Markets Index (LMI). The index’s nationwide score of .85 indicates that, based on permits, prices and employment data, the nationwide housing market is running at 85… Read More ›