Builders Association of Minnesota

WASHINGTON, Dec. 6 -- The number of improving housing markets continued to expand for a fourth consecutive month in December, rising from 30 to 41 on the latest National Association of Home Builders/First American Improving Markets Index (IMI), released today. The December list featured 20 new additions, including several major markets such as Washing, D.C.; San Joe, Calif.; and Toledo, Ohio. Meanwhile, nine smaller markets dropped off the list, primarily due to softer house prices.

For more information read the full press release here: http://www.bamn.org/images/documents/nahb-press-release-improving-housing-markets-dec2011.pdf