Oil & Gas Metros Dominate the National Association of  Home Builders’ Latest Listing of the Hottest Housing Markets

Oil & Gas Metros Dominate the National Association of Home Builders’ Latest Listing of the Hottest Housing Markets

Baton Rouge, La., continues to top the list of major metros on the LMI, with a score of 1.4 — or 40% better than its last normal market level. Looking at smaller metros, both Odessa and Midland, Texas, boast LMI scores of 2.0 or better, meaning their markets are now at double their strength prior to the recession.

Of the approximately 350 metro markets nationwide, 56 returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI), released on June 5. This represents a net gain of nine metros year over year. As you will see in the chart on this page, at least 12 of the 20 metropolitan areas listed in the Top 10 large and Top 10  small metros are in regions of the country wher

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