New Report Pinpoints Hottest Northeast Housing Metro Markets
The report captures housing permit and employment trends for the full year of 2012, with highlights such as more than 50 percent growth in permits in the Greater Boston metro, a better of doubling of permits in the Bridgeport, Conn. metro and more than 25 percent growth in two of the largest new construction metros - Greater New York City and Greater Philadelphia.
EH is issuing the reports in conjunction with the launch of CE Exchange, which is designed to serve custom integrators of the East. CE Exchange is scheduled for May 6-8, 2013 at the MGM Grand Foxwoods in Mashantucket, Conn.
“The U.S. housing market is clearly surging thanks to pent up demand, historically low lending rate, a return to home price appreciation and improved overall economic health,” says Daryl Delano, EH’s director of research. “Eleven out of the 13 states the CE Exchange is focusing on experienced better than double digit growth in new housing permits. The host state for the CE Exchange, Connecticut, led the way with 68 percent growth, followed by Massachusetts, New Jersey, Delaware, Pennsylvania, Maine and Maryland—all with 20 percent+ growth.”
“This is just the beginning of value-added market information for integrators of the East from the CE Exchange and EH,” says John Galante, managing director of EH Events. “We’re working closely right now with Daryl on first-of-its-kind metropolitan area research on both consumers and the custom trade in the big five metros of the East - Boston, NYC, Philly, Baltimore and DC. We’ll distribute this actionable, local market-focused info at the CE Exchange and have experts like Daryl on hand at the event to explain the data and help dealers put it to work.”
Registration is open now for the CE Exchange.