The National Association of Home Builders/First American Leading Markets Index (LMI) reports the housing market continues to make successful strides toward recovery. The U.S. housing market reached 90% of its normal economic housing activity last quarter, up 1% from the second quarter of 2014. Positive recovery is expected to maintain gradual growth. Kevin Kelly, the NAHB Chairman said, “continued job creation, economic growth and increasing consumer confidence should help spur pent-up demand for housing.” More here
