Which Local Markets Track National Trends the Most: Correlations of Metro Single-Family Permits to U.S. Data

By February 9, 2024Housing
New NAHB analysis of single-family permits shows which Metropolitan Statistical Areas (MSAs) have been trending in the same direction as U.S. single-family permits. Using single-family permits from 2012-2022, five-year and ten-year correlations are used to create an association index for each MSA that describes how similar, or dissimilar, particular MSAs are when compared to the national trend. The post focuses… Read More ›