National Association of Home Builders/First American Improving Markets Index (IMI) - Parr Lumber

Top Ten Northwest Cities for Builders

Ten northwest cities are listed in the latest National Association of Home Builders/First American Improving Markets Index (IMI). The NAHB/First American IMI is designed to track housing markets throughout the country that are showing signs of improving economic health. The northwest cities in the index are Corvallis, Medford, Portland, Bellingham, Kennewick, Longview, Seattle, Spokane, Wenatchee, and Yakima.

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Housing Starts 2013 - Parr Lumber

Construction Industry is Looking Good – housing starts increased by 12.1%

Good news for the construction industry. According to the U.S. Commerce Department, single-family and multifamily housing starts increased by 12.1% to 954,000 units last month. This is the highest rate in more than four years. Single-family housing starts jumped by 8.1% to 616,000 units in December. Multifamily construction fared even better with an increase of 23.1% (338,000 units). In the West, single-family and multifamily housing starts increased by 18.7%. The Midwest saw the biggest gain with 24.7%, while the Northeast increased by 21.4%. The South experienced the smallest jump with only an improvement of 3.8%.

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