out of the approximately 337 metro areas nationwide have now returned to or exceeded their pre-recessionary levels of activity.
Large Metropolitan Statistical Areas Small Metropolitan Statistical Areas

Leading Markets Index Methodology

The LMI compares the current levels of three components–employment (BLS - Bureau of Labor Statistics), house prices (Freddie Mac) and single-family building permits (Census)–to their normal, sustainable levels. For each component, the current level as a share of the normal level is calculated. The LMI is the average of these three shares. The LMI is calculated for individual markets (where all the data is available, 350+ metropolitan areas), as well as an overall national number. An index value above one indicates the market has advanced beyond the previous sustainable level of economic activity. An index value above the national index level indicates the market is doing better than the country as a whole.

*Populations greater than or equal to 500,000
**Populations less than 500,000

The NAHB/First American Leading Markets Index (LMI) is a quarterly report that cites housing markets by Metropolitan Statistical Areas that are leading the nation in economic health.

Was this page helpful?
Thanks for the info!
Share Contact us

Give Feedback

  • Issues with a First American Product or Service
    • Home Warranty
      • Tell Us About Your Experience
      • Start a Claim
      • Request a Quote
    • Title Insurance, Escrow or Settlement Services
      • Tell Us About Your Experience
      • Submit a Claim
    • Home Insurance
      • Tell Us About Your Experience
      • Start a Claim
  • Issues with a First American Website
    • Reset a Password
      • FASTWeb
      • myFirstAm
      • AgentNet
    • Report a Website Problem
"The number of markets on this quarter’s LMI at or above 90 percent has risen to 274 — more than 81 percent of all metro areas. This shows that the overall market continues to make modest, but consistent gains."
-- Kurt PfotenhauerVice ChairmanFirst American TitleInsurance Company

Media Inquiries

Marcus Ginnaty
Corporate Communications
First American Financial Corporation

1 First American Way
Santa Ana, CA 92707
Call - 714.250.3298
Contact Us