NAHB: Most Signs for the 55+ Housing Market Remain Positive

Printer-friendly version
May 01, 2015

Despite a an overall dip, NAHB’s 55+ Housing Market Index remains positive.

Two of the index’s components posted increases: Present sales increased one point to 64 and expected sales for the next six months rose three points to 67. Overall decline was brought by an 8 point drop to 40 in traffic of prospective buyers.

Multifamily condominiums continue to be the weakest segment of the market. In the first quarter of 2015, the 55+ HMI for multifamily condos dipped four points to 38. A reading over 50 means more builders view the market as good than poor.

Read more

 

Comments on: "NAHB: Most Signs for the 55+ Housing Market Remain Positive"

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init