Builders See Strong 55+ Housing Market

Posted To: MND NewsWire

The aging of America seems to be stoking the enthusiasm of homebuilders about catering to the senior set. The National Association of Home Builders (NAHB) conducts a survey among its new home builders each quarter, similar to the monthly one it conducts to calculate its Housing Market Survey (HMI.) The quarterly survey however is focused on the over 55 housing market. NAHB reports that its fourth quarter 55+ HMI jumped 12 points to a record higher of 71. It was the 15 th consecutive quarter in which the index has exceeded 50, the break-even point at which more respondents view conditions as good than poor. As in the monthly survey, builders are asked to categorize their current perceptions of the market and their expectations for the next six months as good, fair, or poor. They are also asked…(read more)

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