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55+ housing sector coming back strong
November 25, 2014
As the housing recovery continues, seniors appear to be getting back in the mix, as the National Association of Home Builders’ 55+ Housing Market Index recorded a new high of 59 in the third quarter of 2014. The uptick is a nine-point improvement from 2013 and 24 points better than the same point in 2012.
The rise was precipitated by improvements across the board—present sales, expected sales for the next six months, and prospective buyer traffic. It also marked the 12th straight quarter of annual gains.
More like this
- NAHB records increased builder confidence in the 55+ housing market
- Builder confidence in 55+ housing market shows positive signs
- Home Builders Less Confident as Consumers Are More Cautious
- Single-family 55+ HMI rises to highest first-quarter reading since 2008
- Builder confidence in the 55+ housing market continues to improve in third quarter
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