WASHINGTON -- The housing market continues to show improvement in July with 255 metro areas listed on the National Association of Home Builders/First American Improving Markets Index (IMI), tripling the number from July 2012.
"This is the sixth straight month in which at least 70 percent of all U.S. metros have qualified for the Improving Markets Index," observed NAHB Chairman Rick Judson. "The relative stability of the IMI is representative of the broad recovery underway, which is much more extensive than what we were looking at one year ago."
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