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The Compass Newsletter provides a brief overview of new residential housing-starts within the Nashville Metropolitan Statistical Area. Published quarterly, the newsletter shows charts, graphs & statistical information highlighting unique aspects of the housing market.

Information contained in the Compass Newsletter is sourced from the Compass: Middle Tennessee Contractor Summary. The Compass provides detailed data on every active residential builder and active subdivision in our 10 county coverage area. If the success of your business depends on residential housing you can benefit from subscribing to the Compass.

The Joint Center for Housing Studies of Harvard University recently released the State of the Nation's Housing 2004 which optimistically asserts "Despite growing concern over the pace of development, housing construction over the next 10 years is likely to exceed that over the last 10." The Nashville-Middle Tennessee housing market has grown by an average of 13% per year over the past five years and is expected to experience continued growth resulting from low un-employment, low mortgage interest rates, availability of developable land and consumer demand.

© 2005, InfoSource