July 24, 2006: NAHB Reports Wide State-By-State Variances in Housing Forecast
WASHINGTON - While nationally the housing market is experiencing a gradual cooling process, some states continue to show growth, according to the National Association of Home Builders (NAHB) State Housing Starts Forecast. The report, available through NAHB's HousingEconomics.com, analyzes the regional health of the economy and housing sector and provides state-by-state forecasts.
"We are coming off a very strong couple of years for the housing industry and markets are now starting to cool to more sustainable levels," said David Seiders, chief economist of the NAHB. "Each market has different factors that affect its local economy and housing market, but overall we are forecasting an orderly slowdown in housing starts."