Good news for homebuilders and roofers! The National Association of Home Builders announced that the US housing marketing is slowly advancing. According to the January NAHB/First American Leading Markets Index, the one-year average of single-family housing permits, home prices and employment levels in 56 major US markets has risen above or has reach the same levels as their last period of normalcy. January’s national index indicates that the market is “86% of the way back to normal.” According to NAHB, The greatest index values are mostly found in areas that have experience benefits from the oil and energy fields. Markets with lower indexes are those that experience “overheated housing markets,” such as Nevada and Florida, or major economical fluctuations, such as Michigan. Regardless, homebuilders and roofers could be seeing a light at the end of the tunnel after 2013’s slower than average year in roofing. View full article on the NAHB/First American Leading Markets Index report. Still curious about the future of the housing market? Check out this article on Why You Shouldn’t Give Up on Housing just yet. Sources: http://eyeonhousing.org/2014/01/07/markets-moving-forward-slowly/ http://www.fool.com/investing/general/2013/09/09/dont-give-up-on-housing-stocks-just-yet.aspx#.UswycmRDvv0